PM: Humanity 'caught napping by coronavirus'
"And those same flaws risk giving firms a strong incentive to avoid using this scheme to protect workers incomes where their hours are cut. Whereas in the summer he was talking about a temporary set of measures that would just deal with the economy as it got through the next few months, now he's talking about potentially permanent changes.
He adds it means 95% of people who are majority self-employed can be supported, but admits there are people the Treasury don't know about if they have never filed a tax return.That's the next question put to the chancellor - and also whether given the fresh restrictions, people should be eating out to help out?
That combined with the Job Retention Bonus provides a"very significant incentive" for firms to hold on to workers, he adds.The chancellor is asked whether the Eat Out to Help Out scheme may have unwittingly helped spread COVID-19. He says the figures will come later this week, but he says the VAT cut extension will cost around £800m.
The chancellor points to the business rates holiday for the hospitality industry, the 'Eat out to Help Out' scheme and the VAT cut - which will now last through to the end of March. And, for those who have been told to self-isolate through test and trace, they are able to receive a £500 payment.Chancellor admits new support is 'different' from furlough levels
Hi all, So how does this compare with current deaths in France and Spain? To give an idea of what's to come in UK.
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