Tag: COVID-19

UK inflation up to 1.5% image

UK inflation up to 1.5%

The annual UK inflation rate more than doubled in April to 1.5%, up from 0.7% in March, but statisticians are warning not to use this as an indicator of the health of the economy.

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Government support for jobs for young people through Plan for Jobs initiative

Government support for jobs

The government has announced a programme under the Plan for Jobs initiative to support young people getting into the workplace and building the skills they will need. 

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Coronavirus Government support packages

COVID-19 government support packages

Businesses that are forced to close as a result of COVID-19 restrictions may be entitled to additional government support. Assistance is also available for businesses that can remain open but have been adversely affected by the pandemic.

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Additional financial support

A variety of funds have been created to help businesses throughout the pandemic as well as the Bank of England vowing to buy short term debt from large companies.

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The tax impact of COVID-19

The tax impact of COVID-19

The COVID-19 crisis has impacted many areas of society, and for the UK government it has resulted in huge levels of spending to support businesses and individuals. 

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Kickstart your business: Accessing the Kickstart programme

The Chancellor, Rishi Sunak, set out an ambitious Plan for Jobs as part of the government’s response to the challenges posed by COVID-19.

The “Plan for Jobs” contains a number of measures and incentives aimed at encouraging employers to take advantage of the skills development opportunities available, one of these is the Kickstart Scheme.

You can use the Kickstart Scheme to create new six-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment. The job placements should support the participants to develop the skills and experience they need to find work after completing the scheme.

Funding is available for 100% of the relevant National Minimum Wage for 25 hours a week, plus associated employer National Insurance contributions and employer minimum automatic enrolment contributions. There is also £1,500 per job placement available for setup costs, support and training.

During this webinar, Diane Beresford and Pieter Eksteen, Deputy Chief Executive and Education and Business Partnership Manager at the East Midlands Chamber (Derbyshire, Nottinghamshire and Leicestershire), will present the Kickstart programme and explore the role of an intermediary. The event will close with a question and answer session.

Register here

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