The UK government said that it will subsidize the wages of any worker facing unemployment because of the coronavirus pandemic as it ordered the closure of pubs and restaurants to try to contain the outbreak
Unveiling an unprecedented intervention by the state in the British economy, finance minister Rishi Sunak told reporters that the government will cover 80% of worker salaries for at least the next three months up to a maximum of £2,500 a month, which is more than the average income. Sunak said the measures would apply to all companies, large or small.
"It marks the start of the UK's economic fightback — an unparalleled joint effort by enterprise and government to help our country emerge from this crisis with the minimum possible damage," she said in a statement. Mike Hawes, CEO of the UK's Society of Motor Manufacturers and Traders, said in a statement that the measures will come as a"huge relief" to car companies, their workers and families.
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