Historic move as government to pay at least 80% of workers’ wages

By Tom Lowe2020-03-20T18:47:00

Chancellor announces unprecedented lifeline for firms and VAT holiday

Rishi Sunak has announced the government will pay staff wages to keep businesses afloat during the coronavirus crisis.

Announcing a raft of “unprecedented” emergency measures, the chancellor promised government grants to cover at least 80% of the salaries of employees at risk of losing their jobs because of the crisis, up to a total of £2,500 a month.

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