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UK extends mortgage, business support as England goes into lockdown

FILE PHOTO: A couple sit among empty tables during a quiet night at Brixton Village, as the outbreak of the coronavirus disease (COVID-19) continues to affect businesses, in London, Britain July 14, 2020. Picture taken July 14, 2020. REUTERS/Dylan Martinez

LONDON (Reuters) - Britain’s finance ministry said a mortgage payment holiday scheme would be extended for households and business premises would get grants of up to 3,000 pounds a month as the government announced a month-long coronavirus lockdown in England.

The ministry also said businesses would have to contribute only 5% of the employment costs for workers covered by an extension of the government’s emergency coronavirus job subsidy scheme.

Writing by William Schomberg; editing by Kate Holton

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