The furlough and self-employment schemes have been a lifeline for millions of people and businesses.
The Coronavirus Job Retention Scheme has supported nearly 9 million jobs, at a value of £20 billion, benefitting over a million businesses.
More than 2 million self-employed people are receiving support through the Self-Employment Income Support Scheme.
Figures for Merton show that 25,400 jobs have been protected through the furlough scheme. There are also 11,800 self-employed people benefitting from £34,500,000 of support.
Merton has received unprecedented economic support to protect jobs and businesses during the Coronavirus outbreak. 25,400 jobs have been protected through the Coronavirus Job Retention Scheme, with Government grants covering 80 percent of people’s wages, up to £2,500 a month.
11,800 self-employed people in Merton are receiving grants worth a total of £34,500,000 from the Government to help with the impact of Coronavirus.
Across London, people and businesses are benefiting from the Chancellor’s world-leading economic support:
- 1,074,900 people have been supported through the furlough scheme.
- 433,000 self-employed people are receiving grants worth 1,291,000,000 thanks to the Self-Employment Income Support Scheme.
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, Cllr Louise Calland, Conservative GLA Candidate for Merton and Wandsworth, has said:
“This is a hugely challenging time for people and businesses in our community, and I welcome the Government’s support to help protect the livelihoods of thousands of people in Merton.
“As we begin to move out of lockdown and return to a sense of normality, we all have a part to play in kick starting our local economy and backing local businesses and jobs.
By shopping locally we will help protect our high streets and local businesses as well as saving local jobs in our community.”
Stephen Hammond, MP for Wimbledon, said:
“I welcome the unprecedented support from the Government to protect jobs and incomes during this difficult time. Across Merton over 25,000 jobs have been protected by the Job Retention Scheme, ensuring people keep receiving a wage and businesses costs are reduced.
“The Self Employment Income Support Scheme has been a lifeline to help over 10,000 people protect their incomes, but some eligible people have not yet made a claim. If you’re eligible, don’t miss out and make a claim on www.gov.uk
“Together these schemes mean that as the restrictions are gradually lifted, we can get people back to work, businesses reopening and the self-employed trading again.”
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.”