Itv News pandemic hospital travelers Return To Work Itv News

Chancellor to make furlough scheme announcement tomorrow as new advice encourages return to work

Reading now: 903
manchestereveningnews.co.uk

The Chancellor will make an announcement on Tuesday about the current furlough scheme after revealing that it is to be 'wound down'.

Rishi Sunak will update MPs on the Job Retention Scheme, which is currently supporting 6.3 million workers and so far cost the Treasury £8billion, tomorrow the Prime Minister has said.

It comes after Mr Sunak said last week that the scheme, which pays up to 80% of companies staff salaries during the coronavrius pandemic, is 'to be wound down' and described it as not 'sustainable' in the longer term.

Speaking to ITV News, Mr Sunak said there would be no "cliff-edge" cut off to the furlough scheme, which was initially set up with a time frame until end of June.

Read more on manchestereveningnews.co.uk
The website starsalert.com 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.

Related News

DMCA