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<p>The Government has provided a comprehensive economic response that is one of the
most generous globally, taking unprecedented steps to support individuals, businesses
and the most vulnerable. As well as the Coronavirus Job Retention Scheme (CJRS) and
Self-Employment Income Support Scheme (SEISS), this package includes a suite of government-backed
loans and grants to businesses, tax deferrals, and a moratorium on commercial tenant
evictions.</p><p> </p><p>This comprehensive package also includes extra funding for
the welfare safety net, to get us through the outbreak and help those unable to access
other forms of support. The temporary welfare measures include increases to Universal
Credit and Local Housing Allowance, a relaxation of the Universal Credit minimum income
floor, making Statutory Sick Pay easier to access, and providing £500 payments to
self-isolate for those on low incomes who can’t work from home</p><p> </p><p>However,
the government also recognises that our economy is changing, and so existing schemes
provide an appropriate route for employees to access high-quality training and prepare
individuals for jobs of the future. That is why at the Spending Review last week,
the Chancellor announced an additional £3.7 billion to build on the commitments made
in the Plan for Jobs.</p><p> </p><p><strong> </strong></p><p>The government has put
in place an economic package of support which will provide businesses and individuals
with certainty over the Winter months, even as measures to prevent further spread
of the virus change. We continue to take a flexible approach and keep all impacts
and policies under review.</p><p> </p>
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