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I won’t give up on the people who rely on the Coronavirus Job Retention Scheme.
We stood behind Britain's workers and businesses as we came into this crisis, and we will stand behind them as we come through the other side.
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5/ Read more about today's announcement here gov.uk/government/new…
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3/ We will ask employers to start sharing, with the government, the costs of paying people’s salaries.
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2/ From August to October the scheme will continue, for all sectors and regions of the UK, but with greater flexibility to support the transition back to work.
Employers currently using the scheme will be able to bring furloughed employees back part-time.
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4/ Further detail will follow by the end of May but I want to assure people one thing won’t change:
Workers will, through the combined efforts of government and employers, continue to receive the same level of support as they do now, at 80% of their salary, up to £2,500.
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1/ The job retention scheme will be extended, for four months, until the end of October.
By that point, we will have provided eight months of support to British people and businesses. Until the end of July, there will be no changes to the scheme whatsoever.
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We’re working ahead of time to deliver support to the self-employed and from this Wednesday we'll be open for applications.
In the meantime use the online checker to see if you're eligible and have the money in your account by 25th May. 💻gov.uk/guidance/claim…
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Nearly 160k Bounce Back Loans worth almost £5bn have been approved in the first three days.
Find out more: gov.uk/guidance/apply…
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One of the best things about being Chancellor is working in some of Britain’s most historic buildings.
This week I went to the balcony where Churchill made his victory speech 75 years ago today. It reminded me that when Britain comes together we can overcome anything. #VEDay
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I’m providing GPs and community pharmacies up to £32 million so they can remain open this bank holiday and ensure patients continue to get the medication they need.
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Almost 70,000 Bounce Back Loans worth £2.1bn were approved on the first day.
linkedin.com/posts/rishi-su…
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Good to hear Bounce Back Loans are being delivered quickly to the people who need them. twitter.com/Hulstone/statu…
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Yesterday I told ITV News that there will be no cliff edge to the Coronavirus Job Retention Scheme.
But as some scenarios show we are potentially spending as much on the furlough scheme as we do on the NHS, I am working out the most effective way to ease people back into work.
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You could apply for a Bounce Back Loan in the time it takes to have lunch.
Apply directly with our accredited lenders linktr.ee/rishisunak
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Last Monday I announced Bounce Back Loans, today they open for business.
✅Borrow between £2,000 and £50,000
✅Easy 7 question form to fill
✅Interest-free first year
✅Repay over 6 years, 2.5% interest rate, no early penalty
gov.uk/government/new… #BounceBackLoans
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Great news that we've surpassed our testing target of 100,000.
@MattHancock, his team and the NHS deserve huge credit.
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We’re past the peak, it’s Captain Tom’s Birthday and we have the best carers of anywhere in the world.
So much to clap for tonight #ClapForOurCarers
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We want to make it as easy as possible for people to get hold of the books they love during lockdown.
That's why we’ve fast tracked plans to scrap VAT on all e-publications, making it cheaper for publishers to sell books, magazines and newspapers. gov.uk/government/new…
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🆕We’re fast-tracking our plans to scrap the reading tax. From tomorrow, VAT will no longer be paid on e-publications.
This could help slash the cost of e-books and newspapers making reading more accessible during the lockdown. gov.uk/government/new…
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Great to hear Downing Street is getting a new resident.
Congratulations to @BorisJohnson and @carriesymonds on the birth of their son.
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Constructive conversation today with members of BAME media on the measures in place to protect jobs and businesses.
It was great to hear how our economic support is being received by different communities across the UK and, of course, how we could improve.
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To the workers who continue to help Britain battle coronavirus, thank you.
To those who have lost their lives, we won't forget you.
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Our smallest businesses are the backbone of our economy and play a vital role in their communities. Today's new Bounce Back Loans will help ensure they get the finance they need quickly to help survive this crisis.
Click below to read more.
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1/ Today, we're announcing a new loan scheme. A simple, quick, easy solution for those in need of smaller loans.
Businesses can apply for new Bounce Back Loans up to a maximum of £50,000, or 25% of turnover, with the government paying the interest for the first 12 months.
Prime Minister of the United Kingdom 🇬🇧
@Conservatives leader.
MP for Richmond (Yorks).