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Britain to extend government furlough scheme till end of October Britain to extend government furlough scheme till end of October
(32 minutes later)
UK Chancellor Rishi Sunak said that the scheme to pay wages of workers placed on leave because of the Covid-19 pandemic will be extended by four months.UK Chancellor Rishi Sunak said that the scheme to pay wages of workers placed on leave because of the Covid-19 pandemic will be extended by four months.
Sunak confirmed that employees on leave will continue to receive 80 percent of their monthly wages up to £2,500 ($3,090).
The official said that the scheme will remain without any changes until the end of July, but sometime in the future employers will “start sharing the cost with the government of paying people's salaries.”
Sunak cited data saying that the job retention scheme has protected 7.5 million workers and nearly one million businesses across the country.
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