Coronavirus: Businesses and unions welcome government’s rescue package for economy – By Sky News Staff (Sky News) / March 21 2020
The chancellor announced government grants covering 80% of salaries for staff kept on by their employer but unable to work.
Union and business leaders have largely welcomed news that the government will pick up “most of” the wages of workers as the coronavirus pandemic continues to shred the UK economy.
Chancellor Rishi Sunak said on Friday that government grants would cover 80% of staff salaries for those who are kept on by their employer but are unable to work.
The new coronavirus job retention scheme will cover wages up to £2,500 a month.
Mr Sunak said he would do “whatever it takes” and called his plans “an unprecedented economic intervention to support the jobs and incomes of the British people”.
Continue to article: https://news.sky.com/story/coronavirus-unions-and-businesses-welcome-governments-rescue-package-for-economy-11961283
