On the same day that Mr Sunak announced the wholesale revisions to the Coronavirus Job Retention Scheme, he also revealed an extension to the Self Employed Income Support Scheme. Peter covers the latest developments on both schemes.
The Job Retention Scheme has been set up to enable employers to claim for their employees’ wages while they are on temporary leave of absence (furlough) due to the Coronavirus.
Most of the developments yesterday were in relation to Mr Johnson’s announcement on Monday night, in relation to the restriction of public activity, but there has been plenty of behind the scenes work going on