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Nearly 100,000 jobs furloughed in Bucks

126,500 jobs in total have had wage support from the govt

Published by Mix96 News at 8:00am 14th June 2020. 3-minute read.

Nearly 100,000 jobs furloughed in Bucks

The UK Government has supported the wages of 126,500 jobs across Buckinghamshire during the coronavirus crisis.

This is since the launch of the Coronavirus Job Retention Scheme (CJRS) and Self-Employment Income Support Scheme (SEISS) which was launched on 20th April.

The CJRS and SEISS were announced by the Chancellor, and are run by HM Revenue and Customs (HMRC), as part of a package of support measures for businesses affected by the coronavirus outbreak. 

Businesses have furloughed 96,000 jobs in Buckinghamshire (including Milton Keynes), up to 31 May 2020.

This is to help UK employers who have been severely affected by coronavirus to retain their employees and protect the UK economy. 

An announcement was made on 12 May 2020 that the scheme will run until the end of October to continue the support for jobs and businesses as people return to work.

The SEISS was rolled out ahead of schedule in May and has financially supported 29,600 self-employed individuals in Buckinghamshire who have been adversely affected by the coronavirus outbreak and paid grants worth a total of £95,000,000 (£95 million) up to 31 May 2020. 

On 29 May 2020, the Chancellor announced an extension to this scheme. Those eligible to claim the SEISS grant will be able to claim a second and final grant in August of up to £6,750. 

Aylesbury MP, Rob Butler, welcomed the extraordinary level of support for his constituents. He said:

“This is a hugely challenging time for local people and businesses, and the Government’s support schemes have helped to protect the jobs of thousands of people in Aylesbury and the nearby villages.

“We have so many fantastic businesses here in Bucks, and the Government’s world-leading economic response to the coronavirus crisis will mean that people can get back on their feet and get our local economy moving again as soon as it is safe to do so.

“Having spoken to local business owners, I know that they are hugely grateful for the wide-ranging support available. The Coronavirus Job Retention Scheme has been a lifeline for many local companies and the flexible furloughing will be a great option for the businesses that are beginning to safely reopen.”

Rishi Sunak, Chancellor of the Exchequer, said:

"The UK Government is doing everything we can to protect jobs and businesses in Buckinghamshire and across the UK during the crisis.

"Our unprecedented job retention and self-employment support schemes have supported the livelihoods of millions and will help ensure our recovery is as swift as possible."  

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