Chancellor announces expansion of Job Support Scheme

Baskar Sundaram
Baskar Sundaram

The Chancellor has set out details on the expansion of the Job Support Scheme to organisations required to close due to Covid-19 restrictions as part of the next stage of the Winter Economy Plan.

If businesses are asked to close, employees will receive two-thirds of their wages for the time that they are unable to go to work. Employers will not need to pay any wages. They will only be asked to cover National Insurance and pension contributions.

The grants will be paid up to a maximum of £2,100 per employee a month and payments will be made in arrears.

Businesses will only be eligible to claim the grant while they are subject to restrictions and employees must be off work for a minimum of seven consecutive days.

The scheme begins 1 November and will be reviewed in January.

Mr Sunak confirmed that there will also be an increase in grants for businesses forced to close in England with up to £3,000 a month paid every fortnight.

The Treasury says the devolved administrations in Scotland, Wales and Northern Ireland will receive increased funding allowing them to bring in similar measures if they choose to.

The full press release can be found here

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