manchestereveningnews.co.uk
Rishi Sunak
Britain
Coronavirus
pandemic
Rishi Sunak
Britain
The changes to furlough scheme from the start of October
Reading now: 456
manchestereveningnews.co.uk
manchestereveningnews.co.ukcoronavirus pandemic. But the lifeline to many employers and employees will come to an end on October 31 at a cost of more than £34bn to the Treasury.Following fears of mass redundancies and loss of businesses, the Chancellor unveiled a new 'Job Support Scheme'.Rishi Sunak said the new scheme will "directly support" the wages of people in viable jobs working at least a third of their normal hours from November.But first it's the last month of the furlough scheme.At the start of the furlough scheme the government was paying the bulk of wages of millions of workers across the UK.But from October 2, the government will pay 60% of wages up to a cap of £1,875 for the hours the employee is on furlough.Employers will pay ER NICs and pension.
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.
Report this news
Related News
Celebrities
Locations