The United Kingdom (UK) Government announced on Friday it would be paying the wages of employees unable to work due to the COVID-19 pandemic.
Through this measure, the UK Government is aggressively trying to prevent the loss of jobs.
Prior to the pandemic, the fait of the UK economy outside the EU was a hotly debated topic, today several countries across the globe are discussing their fait as the coronavirus causes major disruptions.
The government will pay the wages of employees unable to work due to the coronavirus pandemic, in a radical move aimed at protecting people's jobs.
It will pay 80% of salary for staff who are kept on by their employer, covering wages of up to £2,500 a month.
While many supported the closure of restaurants, pubs and venues where people gather, like the rest of Europe business owners lamented what will happen to their operation and their workforce due to the disruptions.
The BBC reports that the wage subsidy will apply to firms where bosses have already had to let go of workers due to the Coronavirus, as long as they are brought back into the workforce and instead granted a leave of absence.
In this way, workers would still be able to keep their jobs, despite their employer being unable to pay wages.
In Malta, Prime Minister Robert Abela announced a €1.8 aid package, which was met with heavy criticism by many in the business community, not least of which the Malta Chamber of Commerce, Enterprise and Industry, which insisted the measures won’t stem the loss of jobs.
