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Wales Online
Wales Online
National
Neil Shaw

Rishi Sunak to announce changes to Covid support today

Chancellor Rishi Sunak will set out details of additional support for business in the third lockdown later on Tuesday, Michael Gove has said.

Those who cannot work thanks to coronavirus rules can still be furloughed under the current rules - which are due to end in the spring.

There are also ongoing loans, grants and tax rule relaxations for businesses and the self-employed.

Chancellor Rishi Sunak unveiled his first a package of financial measures, including loans worth £330 billion, to help businesses through the coronavirus crisis, on March 17 last year.

Three days later Mr Sunak set out the coronavirus job protection scheme - furlough - with the Government covering 80% of the wages of staff not working, up to £2,500 a month.

Last October Mr Sunak announced that workers in pubs, restaurants and other businesses forced to close under new restrictions would have two-thirds of their wages paid by the Government.

In November Mr Sunak told the Commons that the jobs furlough scheme was being extended until the end of March in a major Government U-turn.

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