Boris Johnson Rishi Sunak reports prevention country GMB Boris Johnson Rishi Sunak

What will replace the furlough scheme? Rishi Sunak ponders German-style support package

Reading now: 693
manchestereveningnews.co.uk

The Chancellor, Rishi Sunak, has been urged to “get around the table” and fast-track new job support plans amid reports he is working on a new German-style scheme to avoid mass unemployment once furlough ends.Mr Sunak is said to be weighing up a new scheme as part of a wider emergency support programme as pressure mounts on the government to help businesses survive a second wave of coronavirus.The mooted plans would reportedly see the government and firms share the cost of topping up wages for employees only able to work part-time due to the pandemic.Calls have ramped up for a new lifeline for firms after Boris Johnson announced six months of tougher restrictions that threaten the economic recovery, as fears also grow of mass unemployment.

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