Following the Prime Minister’s announcement that England will enter a second period of lockdown (currently until 2 December), the government have announced amendments and expansions to the recent financial support packages in response.

Following our update this morning including (amongst others) an update to Self Employment Income Support Scheme (SEISS), this afternoon (2 November) the Prime Minister announced a revision to the scheme designed to bring it more into line with the extended furlough arrangements.

In response to the increasing prevalence of tighter local restrictions at a local level in recent weeks, the Chancellor has announced revisions to support measures available to workers over the coming months as part of the government’s ‘Plan for Jobs’.

Announced by the Chancellor as part of his Summer Statement back in July, the Kickstart Scheme provides funding to employers to create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment.

Whilst we’ve not been able to celebrate it in the style we’d hoped and planned over the past 12 months, we’re delighted to announce that today (1 October) is our 10^th Anniversary!

Following the recent announcements by the Chancellor setting out new measures as part of the Winter Economy Plan, there are a few updates around existing measures we thought it useful to cover:

After what has been a relatively quiet couple of months in terms of Covid 19 announcements from a finance perspective,  following the tightening of social guidelines in response to a recent uplift in cases the Chancellor has today outlined a further raft of measures as part of his ‘Winter Economy Plan’.

Just a quick reminder that as of yesterday (1 September) the amount available to claim from the government under the Job Retention Scheme (i.e. the ‘furlough’ scheme) reduces to 70%.