Rishi Sunak announces 80% furlough extension to March 2021
manchestereveningnews.co.ukthe Chancellor has announced an extension until the end of March 2021. He said in the House of Commons: "The government's intentions is for the new health restrictions to remain only until the start of December."But as we saw from the first lockdown, the economic effects are much longer lasting for businesses and areas that the duration of any restrictions."And as the Bank of England have said this morning, the economic recovery has slowed and the economic risks are skewed to the downside."Due to this significant uncertainty, a worsening economic backdrop and the need to give people and businesses security throughout the winter, I believe it is right to go further."The government will continue to help cover employee's wages up to 80% until.
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