The UK’s Coronavirus Wage Relief Plan Gets It Bang On

If Boris Johnson can get behind such unprecedented government intervention…

Press Association/AP

The coronavirus is a rapidly developing news story, so some of the content in this article might be out of date. Check out our most recent coverage of the coronavirus crisis, and subscribe to the Mother Jones Daily newsletter.

As countries around the world scramble to stem the economic fallout from the coronavirus crisis, the United Kingdom appears to be setting the pace with one of the most impressive relief packages yet, with the government, in a quest to limit layoffs and firings, pledging on Friday to cover 80 percent of employers’ wage bills up for up to £2,500 for each worker monthly.

All employers can apply to the scheme. From the Guardian:

Coming just days after announcing a £350bn bailout package of loans and government grants to help businesses cope with the lockdown of large parts of the economy, the chancellor said his plan was one of the most comprehensive in the world and “unprecedented in British history”.

“We are starting a great national effort to protect jobs,” he said. “It’s on all of us.”

Sunak said there would be no limit on the funding available to pay people’s wages.

It’s a colossal, unprecedented plan of government intervention—and it’s no small thing that this is coming from Boris Johnson, the leader of Britain’s Conservative party. Meanwhile, in the United States, Democrats are slamming Republicans’ $1 trillion stimulus bill for prioritizing corporations over American workers. That plan includes just a one-time $1,200 payment to workers earning less than $99,000 annually. 

WE'LL BE BLUNT:

We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't find elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

payment methods

WE'LL BE BLUNT

We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate