Rishi Sunak has unveiled his plans to protect millions of jobs in the wake of the Covid-19 crisis.
The Chancellor reveals details of a new job support scheme, which will see the Government “directly support” the wages of people in viable jobs working at least a third of their normal hours.
He also announced a “pay as you grow” scheme to allow firms to repay bounce back loans over a period of up to 10 years and said he would keep VAT at 5 per cent for hospitality and tourism until March 31 2021.
Meanwhile, Health Secretary Matt Hancock encouraged Brits to download the new Covid-19 app as he stressed it will give people “added protection for you and your loved ones”. It came as the Covid-19 death toll in UK hospitals rose by 33 .
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Video: “Rishi Sunak unveils Job Support Scheme to prevent redundancy in winter months” (Evening Standard)