Rishi Sunak rejects plea from firms to extend furlough despite delay to easing lockdown - The Times

Rishi Sunak has rejected a call from business leaders to extend furlough, despite the delay in ending lockdown.

The scheme, which pays 80 per cent of people’s wages, is due to start being wound down at the end of this month.

From July 1 the government’s share will fall to 70 per cent with employers contributing 10 per cent as part of a “tapered” withdrawal of the scheme.

The British Chambers of Commerce has urged the chancellor to delay the winding down of the scheme if the lockdown is extended to July 19 as expected.

However, a Treasury source said that the scheme was already “one of the most generous in the world” and that the timetable for gradually winding down the scheme would remain

Adblock test (Why?)

https://news.google.com/__i/rss/rd/articles/CBMicmh0dHBzOi8vd3d3LnRoZXRpbWVzLmNvLnVrL2FydGljbGUvcmlzaGktc3VuYWstd2lsbC1ub3QtZXh0ZW5kLWZ1cmxvdWdoLWRlc3BpdGUtZGVsYXktdG8tZWFzaW5nLWxvY2tkb3duLThkNnprbDh0aNIBAA?oc=5

2021-06-14 23:00:00Z
52781666164231