Following on from the 2020 budget announcement and the news that the UK would be offering Coronavirus business grants, chancellor Rishi Sunak also released plans for an employment and wage subsidy package for UK businesses.

Announced at the same time as nationwide closure of pubs, cinemas and restaurants – impacting 1.4m UK workers according to the Guardian – the plan to offer wage support to businesses is an unprecedented move.

Though this may be a relief to many, it was still not considered a strong enough move by some.

Alongside opposition from other members of government, others have also raised concerns that the subsidy package may not extend to – or support – freelancers and low-paid workers, or those not entitled to Statutory Sick Pay.

There are further questions still to be answered regarding how far this measure will reach, and whether it is enough. | To read full story, visit https://startuparound.com/read/1584734405.3019226/Coronavirus-employment-and-wage-subsidy-package?ref=audio_experience