Rishi Sunak expands furlough replacement scheme

Chancellor announces fresh support package for businesses as Covid restrictions biteCoronavirus – latest updatesSee all our coronavirus coverageRishi Sunak has announced an expansion of the furlough replacement scheme with the government paying a larger share of workers’ wages to protect companies struggling with Covid-19 restrictions.As pressure mounts on the government over its handling of the pandemic, the chancellor said he would launch a new grant scheme for firms facing tier 2 controls and cut the level of employer contributions companies must make to receive wage subsidies for their workers on the job support scheme (JSS). Continue reading... https://www.theguardian.com/business/2020/oct/22/rishi-sunak-chancellor-covid-wage-rescue-package-businesses-second-wave #economics #economic_recovery #economic_policy #politics #business #coronavirus #rishi_sunak #uk_news #uk_job_furlough_scheme