North Devon has received unprecedented economic support to protect jobs and businesses during the Coronavirus outbreak. 12,100 jobs have been protected through the Coronavirus Job Retention Scheme, with Government grants covering 80 per cent of people’s wages, up to £2,500 a month.
5,200 self-employed people in North Devon are receiving grants worth a total of £15 million from the Government to help with the impact of Coronavirus.
The Government’s top priority has always been to support people, protect jobs and businesses through this crisis, and the furlough and self-employment schemes have been a lifeline for millions of people and businesses across the country.
Commenting, Selaine said:
With businesses and workers facing challenging times, the package of support measures the Treasury has put in place has helped secure the livelihoods of families across North Devon, with money coming in and a job to go back to
The Government has put in place a world-leading economic response to the coronavirus. As we move towards easing the lockdown and returning to some sort of normality, we are determined to kick-start the engine of our economy while continuing to provide flexible support to those who need it.
The Chancellor of the Exchequer, Rishi Sunak, said:
Our economic response to coronavirus was designed to keep people in work, protect people’s incomes, and support businesses. These measures have been on a scale unmatched by any government in recent history. All to give us the best chance of recovering quickly as the economy reopens.
Now our energies are focused on getting people back to work safely, growing the economy and ensuring people can thrive in the new post-Covid world.