UK virus job retention scheme extended, but firms have to help
The scheme, which pays 80% of wages of furloughed workers, has been extended to end-October from end-June
12 May 2020 - 15:02
London — Britain extended its job retention scheme — the costly centrepiece of its attempts to mitigate the coronavirus hit to the economy — by four more months on Tuesday but told employers they would have to help meet the cost from August.
Finance minister Rishi Sunak said there would be no changes to the scheme, which pays 80% of the wages — up to £2,500 a month — of 7.5-million workers temporarily laid off, until the end of July...
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