The Manc - Government to pay 80% of wages for employees not working"

Government to pay 80% of wages for employees not working

The government will pay 80% of wages for employees not working, up to £2,500 a month, Chancellor Rishi Sunak says.

He says the economic intervention he is announcing is unprecedented but necessary to save lives during the Coronavirus pandemic.

The government will therefore set up a job retention scheme and employers can get a grant to cover most wages.

Prime minister Johnson said the government would temporarily support workers directly and "in a way government never has done before".

With any employer eligible to apply to HMRC to pay most of the wages of people who are affected by the crisis, the grant will have “no limit”.

It will cover the cost of wages backdated to March 1 and be open initially for “at least” three months.

Mr Sunak also asked businesses to look at the measures being introduced and the support offered before laying workers off.

He said: “Please look very carefully at that support before making any decisions to lay people off. It’s on all of us.”

More to follow.

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