The UK Government’s furlough scheme, currently supporting 7.5 million jobs, will be extended until the end of October, although employers will be expected to pick up a share of the bill from August as the economy hopefully reopens.
Furlough scheme 'to be wound down as it's not sustainable'
05.05.2020 - 11:49 / manchestereveningnews.co.uk
The government's furlough scheme designed to help employers and employees during the coronavrius pandemic is 'to be wound down'.
The scheme, which pays up to 80% of companies staff salaries, has been described as not 'sustainable' in the longer term by Chancellor Rishi Sunak.
This is because the cost of the scheme so far has been £8billion with 6.3 million workers having the majority of their pay from the government.
Speaking to ITV News, Mr Sunak said there would be no "cliff-edge" cut off to
The website popstar.one is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
dailyrecord.co.uk
12.05.2020 / 21:24
Furlough loophole leaves new starters 'unable to feed themselves and their families'
Campaigners who fell through loopholes in the UK’s emergency job retention scheme claim desperate people are being forced to go without food.
manchestereveningnews.co.uk
12.05.2020 / 20:43
Martin Lewis says a crucial detail is missing from Rishi Sunak's new furlough scheme
Earlier today, the government announced that the furlough scheme is set to be extended by a further four months.
manchestereveningnews.co.uk
12.05.2020 / 20:40
What the furlough extension means for businesses and workers
It was announced on Tuesday that the government is to extend its the furlough scheme for another four months.
dailyrecord.co.uk
12.05.2020 / 17:06
Furlough scheme for wage protection extended to October
The UK job retention scheme will be extended to the end of October and kept at 80 per cent of furloughed workers’ salaries.
nme.com
12.05.2020 / 16:22
Coronavirus: UK furlough scheme extended until end of October
The scheme pays 80% of wages for affected employees
dailyrecord.co.uk
12.05.2020 / 16:11
Rishi Sunak extends UK furlough scheme until the end of October
Chancellor Rishi Sunak has announced a huge extension to the UK Government's furlough scheme until the end of October.
variety.com
12.05.2020 / 15:26
U.K. Furlough Scheme Extended to End of October
By Manori Ravindran
manchestereveningnews.co.uk
12.05.2020 / 14:55
Furlough scheme set to be extended - but salary support for workers will be cut
Chancellor Rishi Sunak is expected to announce an extension to the furlough scheme this afternoon.
dailyrecord.co.uk
12.05.2020 / 12:40
UK furlough scheme expected to be extended - but with reduced salary cover
Chancellor Rishi Sunak is reportedly considering options for extending the UK Government’s furlough scheme that include reducing cover of workers wages from 80 per cent to 60 per cent.
dailyrecord.co.uk
07.05.2020 / 07:09
Furlough cut could force Scots households deeper into debt, charities warn
Scottish debt charities are warning cuts to emergency income protection will drive families into the red.
manchestereveningnews.co.uk
06.05.2020 / 12:29
Chancellor 'considering options' to 'wind down' furlough scheme
Chancellor Rishi Sunak is said to be 'considering options' after it was revealed that the government's furlough scheme is to be wound down.