Jul 12, 2020

Coronavirus: Primark says no to £30m job retention bonus

Primark said it will not take advantage of a £30m bonus from the government, potentially putting pressure on other major firms not to take taxpayer money. Primark placed around 30,000 workers on the government's coronavirus job retention scheme. Announcing the Job Retention Bonus in last week's summer economic update, Mr Sunak said: "One of the most important things we can do to prevent unemployment is to get as many people as possible from furlough back to their jobs." Mr Sunak said the Job Retention Bonus scheme would be open to "All" companies. "While he agreed that the government"is right to act", he said: "Our concern is the action they've taken isn't focused on the right places, so the Jobs Retention Bonus is a bonus for all jobs and many of those jobs, many of the people would have been brought back in any event.

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