New National Lockdown Restrictions and Economic Support Measures - 2 November 2020

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Plymouth business news

2 November 2020

On Saturday 31 October the Prime Minister announced that England will enter a national lockdown from Thursday 5 November to 2 December to tackle the growing spread of Coronavirus. 

We have pulled together the key information from the announcement, as well as the economic support measures:

  • National lockdown announced 
  • Furlough scheme extended and additional economic support measures announced 
  • Business grants 

If you have any specific concerns or are in need of support, please contact us.

National lockdown announced by Government

These new national lockdown restrictions mean that from 5 November: 

  • People will be required to stay at home and are only allowed to leave home for specific reasons including education, work if you cannot work from home, for exercise and outdoor recreation with your household or on your own with one person from another household, for medical reasons appointments and to escape injury or harm, to shop for food and essentials and to provide care for vulnerable people, or as a volunteer 
  • Non-essential shops, leisure and entertainment venues will be required to close –though click and collect services can continue and essential shops will remain open 
  • Workplaces should stay open where people can't work from home – for example in the construction or manufacturing sectors. 
  • Single adult households can still form exclusive support bubbles with one other household, and children will still be able to move between homes if their parents are separated 

Find out more here

Furlough scheme extended and additional Covid-19 Economic Support measures announced

In Saturday's announcement, the Prime Minister announced additional financial support in response to the coronavirus pandemic. This package of support includes: 

  • An extension to the Coronavirus Job Retention Scheme (CJRS) also known as the furlough scheme. This will now remain open until December with employees receiving 80% of their current salary for hours not worked, up to a maximum of £2,500. Under the extended scheme the cost for employers of retaining workers will be reduced. Businesses will have flexibility to bring furloughed employees back to work on a part time basis or furlough them full-time, and will only be asked to cover National Insurance and employer pensions contributions which, for the average claim, accounting for just 5% of total employment costs. 
  • Mortgage Holidays  Mortgage payment holidays have been extended. Borrowers who have been impacted by coronavirus and have not yet had a mortgage payment holiday will be entitled to a six month holiday, and those that have already started a mortgage payment holiday will be able to top up to six months without this being recorded in their credit file. 
  • Business grants  businesses required to close in England due to national restrictions will be eligible for business grants, see details in the story below 

Find out more about these measures and additional information here

Business Grants

Following this weekend's announcement by Government we know that many businesses will be eager to know how to apply for the business grants announced as part of the economic support package. 

Tudor Evans, Leader of Plymouth City Council said: “We know that timely business support administered by the Council was literally the difference between businesses surviving or not in the first lock down. As with last time I will personally ensure that the Council is as proactive as we possibly can be so that every business gets the grant it needs as soon as possible. We are still waiting for the detailed government guidance but as soon as we have that we will get started. The biggest challenge to the Council will be a lack of certainty from the government and it is essential that we get clear guidelines, this time right first time, as soon as possible”

Businesses that are required to close in England due to national restrictions will be eligible for a grant, dependant on rateable value. 

We know that this support is incredibly important, and we're currently waiting for national guidance on this scheme and will work as quickly as possible to confirm detail of how eligible businesses can apply for these grants. 

We'll share an update across our Plymouth City Council and Invest Plymouth social media channels, websites and via this newsletter as soon as information is available. 

Find out more here


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Keep up to date with news and advice on our COVID-19 business support page 

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