| UPDATED: 22:55, Wed, Feb 24, 2021
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The Job Support issued in the UK has included the furlough scheme and the Self-Employed Income Support (SEISS) grants, which both pay out 80 percent of trading profits or wages up to a limit of £2,500, or £7,500 for SEISS which is paid every three months. The support schemes have cost the Treasury billions of pounds in spending, which will likely have adverse effects in the coming months and year for not only the economy, but the UK taxpayer. The COVID-19 crisis has caused a devastation in the UK’s economy as business owners and workers