Increased Funding of Job Support Scheme

The government have announced a significant expansion to the new Job Support Scheme that starts on 1^st November.

• Minimum Hours to be worked falls from 33% to 20%, so those working 1 day a week will be eligible
• Employer contributions to the cost of unworked hours falls to 5%
• Government contribution to unworked hours increases to 61.67%, up to a cap of £1,541.75 a month

For full details see the factsheet below or visit https://www.gov.uk/government/publications/the-job-support-scheme/the-job-support-scheme

JOB SUPPORT SCHEME FACTSHEET

Self-employed grant

The government have also announced an increase in the funding for the Self-Employed Grants Scheme. From 1^st November the grants will be increased to 40% of profits up to a maximum of £3,750

For more visit https://www.gov.uk/government/publications/self-employment-income-support-scheme-grant-extension/self-employment-income-support-scheme-grant-extension

Business Grants

The Government has also increased grants for business, although these are primarily aimed at businesses in the hospitality sector and will be administered by Local Authorities.

For further details see the factsheet below.

BUSINESS GRANTS FACTSHEET

UKFT is in constant dialogue with the government and is outlining the latest support available for UK fashion and textile businesses on our website. We will update this page as new guidance becomes available or the situation changes.

UKFT CORORNAVIRUS GUIDANCE