To ask Her Majesty's Government whether the Coronavirus Job Retention Scheme is weighted for London; and what plans they have for those whose salaries exceed the threshold of the Scheme.
Answered on
6 April 2020
The grant provided in the Coronavirus Job Retention Scheme is not weighted for London. Any UK organisation with employees can apply for cash grants of 80% of employees’ wages up to a cap of £2,500 per month.
This grant is not designed to subsidise those on very high wages. The cap of £2,500 per month is above the UK median earnings level.
Answered by
Treasury