Chancellor extends furlough scheme to October

Video Credit: ODN - Duration: 02:10s - Published
Chancellor extends furlough scheme to October

Chancellor extends furlough scheme to October

Rishi Sunak has announced that the furlough scheme subsidising wages of 7.5 million temporarily laid off staff will be extended until the end of October as the coronavirus continues to hit the UK economy.

The Chancellor revealed the scheme would become more 'flexible' from August, including businesses taking on more of the salary costs themselves.

Report by Etemadil.

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TonyRHarper

Tony Harper RT @BHHPA: Chancellor ⁦@RishiSunak⁩ extends furlough job retention scheme until end of October. There will be no changes until the end of J… 18 seconds ago

StephenFlynnSNP

Stephen Flynn MP Sadly, it looks like all is not as it seems. This caveat is deeply concerning - "The employer payments will substit… https://t.co/fssXKXy9iU 29 seconds ago

WarwickSP

University of Warwick Science Park ⚠️𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 - Chancellor extends #furlough #scheme until October https://t.co/0otRKnZTJE 30 seconds ago

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Leeds Council News RT @hmtreasury: The Coronavirus Job Retention Scheme has been extended until the end of October to reflect the continuing #coronavirus resp… 32 seconds ago

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Curlew Accounting The Government announce that the #Coronavirus Job Retention Scheme has been extended through to the end of October. https://t.co/Kh3s7tV8Sj 34 seconds ago

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C&W Green Business RT @InvestCoventry: Breaking news: Chancellor extends furlough scheme until October read here for full details: //www.gov.uk/government/new… 40 seconds ago

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Growth Architects Chancellor Rishi Sunak extends coronavirus furlough job retention scheme until October at same 80% level of support… https://t.co/8RdHNH1biB 52 seconds ago

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John Carter The Chancellor extends the Furlough scheme until October, but with more "cost-sharing" with employers from August https://t.co/wDbr7gruFv 52 seconds ago