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I’ve had a lot of questions on what I think about last weekend’s protests so I thought it would be easiest to share my thoughts below.
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Our latest delivery stats show we have:
💻Supported 2.5 million self-employed with SEISS
🏗Protected 8.7 million jobs
💷Backed 700k small businesses with Bounce Back Loans
See all the latest numbers here➡️gov.uk/government/col…
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Great to visit @TachbrookStMkt today. The opening of schools, markets, and car showrooms is an important first step towards kickstarting the economy and getting our lives back to normal.
By being safe we can hopefully get our restaurants and pubs open in July too.
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🚨Flexible furloughing is starting one month early and employers will only be asked to start contributing to furloughed salaries from September.
Watch below to see how our eight-month job support scheme is evolving👇
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2/ Applications will open in August. The second final grant will be paid out in a single installment covering three months’ worth of average monthly profits.
To maintain fairness alongside the job retention scheme the value of the final grant will be 70%, up to a total £6,570.
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1/ I know people have been waiting to hear and I understand they have been anxious.
I can confirm today the self-employment income support scheme will be extended.
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1/ Our job retention scheme has now supported more than 8 million jobs and over a million businesses.
Today I announced the final phase of this eight-month scheme. This thread outlines how we’ll introduce flexible furloughing in the coming months.👇
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We've been working non-stop to protect jobs and support businesses through coronavirus.
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We launched Bounce Back Loans just over 3 weeks ago.
Since then over 600,000 small businesses have received loans worth over £18bn with an approval rate of 79%.
Links to all the lenders: linktr.ee/rishisunak twitter.com/hmtreasury/sta…
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The good news we've all been waiting for. thesun.co.uk/money/11709413…
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Our support schemes continue to deliver for people and businesses up and down the country. The latest figures show:
📊 Over 600,000 Bounce Back loans for small business
🏭 More than 8 million jobs protected with CJRS
✅ 43,000 interruption loan approvals
gov.uk/government/col…
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Great to take the time today to speak to people who’ve used the furlough scheme.
I listened to business owners fighting to stay open and employees raring to return. This week we’ll launch Phase 2: flexible furloughing which I hope will help get us back up and running.
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Businesses have so far benefitted from over £32billion in loans and guarantees to support them during this crisis.
Today we've increased the maximum CLBILS loan size from £50 to £200million to ensure large firms have enough finance to meet cashflow needs. gov.uk/government/new…
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Dominic Cummings has made clear he was motivated by trying to protect his son and he took steps to be safe.
I understand people had serious questions about his actions - indeed many of you have made huge sacrifices - but I do believe today he explained himself.
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Taking care of your wife and young child is justifiable and reasonable, trying to score political points over it isn’t. twitter.com/iainjwatson/st…
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Homeowners struggling to pay their mortgage due to Coronavirus will now be able to extend their mortgage payment holiday for a further three months, or start making reduced payments.
Read more here: gov.uk/government/new…
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There’s been huge demand for the Future Fund so far, with over £500m of government funding applied for on day 1.
We will consider increasing funding into the scheme if necessary. To find out more visit: uk-futurefund.co.uk/s/
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It’s been a busy week so far with new stats, changes to CLBILS and the launch of the Future Fund. So tomorrow I’ll be taking some time to answer 𝘆𝗼𝘂𝗿 questions here on Twitter.
Just hit the button below and ask your question using #AskRishi.
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Our start-ups and innovative firms are one of our great economic strengths.
Today we're launching the Future Fund providing convertible loans to innovative companies facing financing difficulties due to the coronavirus outbreak.
Read more and apply: uk-futurefund.co.uk/s/
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And one other stat worth mentioning today @mattletiss7 is the only player with two goals in the @BBCMOTD top 10 greatest Premier League era goals #JustSaying bbc.co.uk/sport/football…
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The latest stats show our economic support schemes are delivering for people and businesses across the UK:
💼8 million jobs protected
💻2 million self-employed supported
📊464,393 approved Bounce Back Loans
✅Over £7 billion Business Interruption Loans
gov.uk/government/sta…
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Earlier I told @UKParliament that there have now been more than 2 million claims for the Self-Employment Income Support Scheme.
Grants worth £6billion in total have been claimed and people will have the money in their bank accounts within six working days of their claim.
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Important that our self-employment support scheme has got off to such a good start with more than 440k applications worth £1.3bn in the first day.
This money will be vital in giving Britain’s self-employed the security they need. Check if you can claim: gov.uk/guidance/claim…
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By noon today we’d already received 110,000 claims for our Self-Employed Income Support Scheme.
These grants will all be paid by the 25th. Check your eligibility here: gov.uk/guidance/claim…
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Our world-leading scheme to support the self-employed has today opened for claims – weeks ahead of schedule.
Check if you can claim: gov.uk/guidance/claim…
Prime Minister of the United Kingdom 🇬🇧
@Conservatives leader.
MP for Richmond (Yorks).