The Loughborough constituency has received unprecedented economic support to protect jobs and businesses during the Coronavirus outbreak. 11,900 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.
2,800 self-employed people in the constituency are receiving grants worth a total of £800,400,000 from the Government to help with the impact of Coronavirus.
The Government’s top priority has always been to support people, protect jobs and businesses through this crisis, and the furlough and self-employment schemes have been a lifeline for millions of people and businesses across the country.
Commenting, Loughborough’s MP Jane Hunt 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 Loughborough.
“I was pleased that the Chancellor acted quickly and decisively at the start of the pandemic to help protect the jobs and livelihoods of thousands of people locally. I have heard from many constituents who have been incredibly thankful of the financial support they have received. 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 people continue to stay alert, to control the virus and save lives.”