Watford MP Dean Russell has welcomed the Plan for Jobs set out by Chancellor Rishi Sunak MP on Wednesday (July 8) saying it provides much-needed support to businesses across Watford.
Since the start of the coronavirus pandemic, the government has said it will do whatever it takes to protect people and businesses from the immediate economic crisis. As part of this, more than 16,000 jobs in Watford have been supported through the Coronavirus Job Retention Scheme.
The Chancellor has now set out the second phase of the Government’s response, focusing on jobs: supporting people to find the jobs that are out there, creating new jobs through investing in infrastructure, and protecting jobs by revitalising the hard-hit sectors upon which many jobs depend.
As part of this, employers will be encouraged to retain staff who have been on the furlough scheme, with the government paying a one-off bonus of £1,000 for every employee who was furloughed and who is kept on until January.
Commenting, Dean Russell MP said: “Throughout the coronavirus crisis, the Conservative government has stood squarely behind people and businesses with one of the largest and most comprehensive packages of support anywhere in the world.
“As we turn our attention to carefully reopening our economy, it is right that the Chancellor is doing everything in his power to support, protect and create jobs. Our plan will be a lifeline for countless people and businesses across Watford.
“By levelling up the whole country, we will give businesses the confidence to retain and hire, create jobs in every region and ensure young people have the opportunity of a better start.”