Coronavirus Job Retention Scheme: Events Industry

Treasury written question – answered on 3rd September 2020.

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Photo of Gill Furniss Gill Furniss Opposition Whip (Commons)

To ask the Chancellor of the Exchequer, what steps he is taking to support furloughed workers in the events industry who may be unable to return to work after the furlough scheme ends in October 2020.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

The introduction of flexible furloughing helps firms to adjust how they furlough to match their speed of reopening, and firms will be able to claim under the CJRS until October flexibly.

As economic activity develops, the Government must adjust its support to facilitate people’s return to work while protecting both the UK economy and livelihoods.For businesses that may not be open after October, there is a range of continuing support including the Coronavirus Business Interruption Loan Scheme and the Bounce Back Loan Scheme.For employees who may need more support, the Government has introduced temporary welfare measures including a £1,000 a year increase to the Universal Credit (UC) standard allowance and Working Tax Credit basic element, and a nearly £1bn increase in support for renters through increases to the Local Housing Allowance rates for UC and Housing Benefit claimants.

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