Steve Double welcomes the news that more than 20,000 people in mid-Cornwall have benefited from government support to safeguard their income during the Covid-19 crisis.
- The Coronavirus Job Retention Scheme has supported nearly 9 million jobs nationally 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 St Austell and Newquay show that 15,000 jobs have been protected through the furlough scheme. There are also 5,500 self-employed people benefitting from £15,800,000 of support.
St Austell and Newquay has received unprecedented economic support to protect jobs and businesses during the Coronavirus outbreak. 15,000 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.
5,500 self-employed people in St Austell and Newquay are receiving grants worth a total of £15,800,000 from the Government to help with the impact of Coronavirus.
Commenting, Steve said:
“This is a hugely challenging time for people and businesses, and the Government’s schemes have helped to protect the livelihoods of thousands of people in St Austell and Newquay. This has been critical to our local economy which has been so deeply affected by the lockdown. Whilst the priority has rightly been to save lives, it has also been crucial that we protect jobs and businesses in the way we have.”
“This country has a world-leading economic response to the Coronavirus crisis. And as we move through the second stage of our roadmap to recovery, we are determined to kick-start the engine of our economy while continuing to provide flexible support to those who need it.”
“We will do everything we can to ensure people can pay their bills and put food on the table – as we begin the process of reopening our economy and move towards more normal times.
I will continue to work with the Chancellor and the rest of government to ensure local businesses receive all the possible as we move into the recovery phase.”
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.”