Chancellor Announces Workers’ Support Package

The Chancellor has today outlined an unprecedented package of measures to protect millions of people’s jobs and incomes as part of the national effort in response to coronavirus. This comes as Government instructs entertainment and hospitality premises, like bars and restaurants, to close from tonight to limit spread of coronavirus.

A new Coronavirus Job Retention Scheme will be set up to help pay people’s wages. Employers will be able to contact HMRC for a grant to cover most of the wages of their workforce who remain on payroll but are temporarily not working during the coronavirus outbreak. Any employer in the country- small or large, charitable or non-profit will be eligible for the scheme.

Universal Credit and tax credits will also be increased as part of an almost £7 billion welfare boost, as he outlined one of the most generous business and welfare packages by any government so far in response to Covid-19.

To ease cash flow pressures for UK VAT registered businesses, VAT bills from now until the end of June, will be deferred until the end of the tax year.

The Chancellor’s workers’ support package means:

  • UK workers of any employer who is placed on the Coronavirus Job Retention Scheme can keep their job, with the government paying up to 80% of a worker’s wages, up to a total of £2,500 per worker each month. These will be backdated to 1st March and will be initially open for 3 months, to be extended if necessary.
  • VAT payments due between now and the end of June will be deferred. No VAT registered business will have to make a VAT payment normally due with their VAT return to HMRC in that period. Income tax payments due in July 2020 under the Self Assessment system will be deferred to January 2021, benefitting up to 5.7m self-employed businesses.
  • Additionally, the Coronavirus Business Interruption Loan Scheme, launched at Budget, will now be interest free for twelve months.
  • The standard rate in Universal credit and Tax Credits will be increased by £20 a week for one year from April 6th, meaning claimants will be up to £1040 better off.
  • Nearly £1bn of additional support for renters, through increases in the generosity of housing benefit and Universal Credit. From April, Local Housing Allowance rates will pay for at least 30% of market rents in each area.

HMRC are working night and day to get the unprecedented Coronavirus Job Retention Scheme up and running and we expect the first grants to be paid within weeks.

Bicester is becoming a hot bed for new and existing businesses that want to grow.

“Bicester is becoming a hot bed for new and existing businesses that want to grow. We’ve got a great location, excellent business networks and access to high quality investment opportunities.”
2016-09-24T12:44:28+01:00
“Bicester is becoming a hot bed for new and existing businesses that want to grow. We’ve got a great location, excellent business networks and access to high quality investment opportunities.”

Membership of Bicester Vision has provided the best possible conduit for the military

"Membership of Bicester Vision has provided the best possible conduit for the military to both understand and contribute towards the development and Bicester Town"
2016-12-06T14:46:03+01:00
"Membership of Bicester Vision has provided the best possible conduit for the military to both understand and contribute towards the development and Bicester Town"

Being a member enables us to build a close understanding of the needs of local businesses

“Chiltern Railways provides fast, frequent train services from Bicester North station and the newly opened Bicester Village station to London, Birmingham, Oxford and key locations in between.  Being a member of Bicester Vision enables us to build a close understanding of the needs of local businesses and helps us to shape our future growth strategy.”

Stephen Barker, Chiltern Railways
2016-12-07T09:04:34+01:00
“Chiltern Railways provides fast, frequent train services from Bicester North station and the newly opened Bicester Village station to London, Birmingham, Oxford and key locations in between.  Being a member of Bicester Vision enables us to build a close understanding of the needs of local businesses and helps us to shape our future growth strategy.”Stephen Barker, Chiltern Railways

We have a profound interest in the progress of the Town

“The Bicester Chamber of Commerce and Bicester Vision have a profound interest in the progress of the Town and understand that in some circumstances the continual increase in the numbers of houses and businesses will cause disquiet, to individuals and existing business alike. Change is always with us, and both the “Chamber” and “Vision” endeavour to keep the standards from the past while facing, and working, with the challenges of the future.”

Peter Cox, Chairman of Bicester Chamber
2016-12-07T09:07:17+01:00
“The Bicester Chamber of Commerce and Bicester Vision have a profound interest in the progress of the Town and understand that in some circumstances the continual increase in the numbers of houses and businesses will cause disquiet, to individuals and existing business alike. Change is always with us, and both the “Chamber” and “Vision” endeavour to keep the standards from the past while facing, and working, with the challenges of the future.”Peter Cox, Chairman of Bicester Chamber

The primary objective for Bicester Vision is to provide opportunities for job creation

"The primary objective for Bicester Vision is to provide opportunities for job creation and this supports a key commitment within our Local Plan to deliver employment in line with housing. As a designated Garden Town, Bicester is expanding at the pace so it is essential to attract the inward investment and businesses who will be vital to this success. Through our membership with Bicester Vision, we can work with partners and existing businesses to access to additional channels, resources and innovative ideas to help us to achieve our goal as a district of opportunity and employment."

Karen Curtin, Commercial Director (Bicester) , Cherwell District Council
2016-12-07T09:10:34+01:00
"The primary objective for Bicester Vision is to provide opportunities for job creation and this supports a key commitment within our Local Plan to deliver employment in line with housing. As a designated Garden Town, Bicester is expanding at the pace so it is essential to attract the inward investment and businesses who will be vital to this success. Through our membership with Bicester Vision, we can work with partners and existing businesses to access to additional channels, resources and innovative ideas to help us to achieve our goal as a district of opportunity and employment."Karen Curtin, Commercial Director (Bicester) , Cherwell District Council

The County Council is a key partner in delivering infrastructure for housing and employment growth in Bicester

"The County Council is a key partner in delivering infrastructure for housing and employment growth in Bicester.  Essential to that is the close working across all tiers of government and the private sector to enable all Bicester businesses to prosper and create job opportunities for the community.  The Council has been a founding member and has seen the work of the partnership play an active role in shaping a flourishing Bicester."

Lisa Michelson, Locality Manager , Oxfordshire County Council
2016-12-07T09:30:32+01:00
"The County Council is a key partner in delivering infrastructure for housing and employment growth in Bicester.  Essential to that is the close working across all tiers of government and the private sector to enable all Bicester businesses to prosper and create job opportunities for the community.  The Council has been a founding member and has seen the work of the partnership play an active role in shaping a flourishing Bicester."Lisa Michelson, Locality Manager , Oxfordshire County Council

Bicester Town Council has been part of Bicester Vision since its inception

"Bicester Town Council has been part of Bicester Vision since its inception and are pleased to be able to work alongside the  business community and all tiers of local government to make Bicester the ‘go to’ place for business opportunity."

Sue Mackrell, Bicester Town Council
2016-12-07T09:44:43+01:00
"Bicester Town Council has been part of Bicester Vision since its inception and are pleased to be able to work alongside the  business community and all tiers of local government to make Bicester the ‘go to’ place for business opportunity."Sue Mackrell, Bicester Town Council

Through our work with Bicester Vision we are able identify the development needs of the town

“Ziran Land and its predecessor Stockdale Land has found that working closely with the business community of Bicester has enabled us to successfully develop Pioneer Square Shopping Centre and now to develop Franklin House, which was completed in 2016.  The growth of Bicester enables us, through our work with Bicester Vision, to identify the business, retail and leisure development needs of the town and to work closely with the business community to provide these.”

John Liggins, Managing Director, Ziran Land Limited
2016-12-07T09:47:00+01:00
“Ziran Land and its predecessor Stockdale Land has found that working closely with the business community of Bicester has enabled us to successfully develop Pioneer Square Shopping Centre and now to develop Franklin House...”

Bicester Vision is an effective way for interested parties to collaborate

"Bicester Vision is an effective way for interested parties to collaborate. We have recently worked with Lisa Rawlings at Banbury and Bicester College as being an industry partner for Bicester Technology studio school and supporting them on the curriculum, equipment specification, and funding. As well as facilitating other 3rd Party Logistics firms like DHL to be involved, Solar panel contact via the Low Carbon Hub to support on the building design for sustainable construction."

Steve Thornton, Director UK Logistics & Supply Chain, BRITA UK
2016-12-07T09:49:31+01:00
"Bicester Vision is an effective way for interested parties to collaborate. We have recently worked with Lisa Rawlings at Banbury and Bicester College as being an industry partner for Bicester Technology studio school and supporting them on the curriculum, equipment specification, and funding. As well as facilitating other 3rd Party Logistics firms like DHL to be involved, Solar panel contact via the Low Carbon Hub to support on the building design for sustainable construction."Steve Thornton, Director UK Logistics & Supply Chain, BRITA UK