Furlough scheme extended until the end of October
RISHI Sunak has revealed the government will extend the furlough scheme for FOUR months until the end of October but funding will be cut after July.
"It is huge, it’s more than any government spending other than the health service or welfare," he added. Treasury insiders suggested that the Government would still pay at least half of the 80 per cent wage bill, but did not give a specific figure of how the funds would be divided. "Workers will through the combined efforts of Government and employers continue to receive the same level of overall support as they do now at 80 per cent of their current salary up to £2,500 a month."
Mr Sunak said: "Employers currently using the scheme will be able to bring furloughed employees back part-time.
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