House of Commons · Written Ministerial Statement
Economy Update
12 October 2020 · Treasury
Proposed by Rishi Sunak Con Richmond and Northallerton
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The Job Support Scheme is being expanded to provide temporary support to businesses legally required to close due to Coronavirus restrictions.
- The scheme will be available from November 1st and run for six months.
- Eligible businesses can receive up to 3,000 per month after two weeks of closure, with Local Restrictions Support Grants becoming more generous.
Issue summary
The statement discusses the expansion of the Job Support Scheme (JSS) and the increase in generosity of Local Restrictions Support Grants.
Action requested
The JSS is being expanded to provide temporary, localised support to businesses legally required to close due to Coronavirus restrictions. The scheme will be available from November 1st for six months with further guidance published soon. Local Restrictions Support Grants are now more generous and eligible businesses can receive up to £3,000 per month after two weeks of closure.
Key facts
- JSS expansion is effective from 1 November 2020 for six months.
- Employers will be able to claim the scheme in arrears starting early December 2020.
- Local Restrictions Support Grants are increased up to £3,000 per month after two weeks of closure.
- Businesses closed due to national lockdowns or unable to reopen since March can also apply for grants.