Mar 2, 2021

Furlough support scheme to be extended in Budget until September

The furlough scheme will be extended until the end of September, the chancellor is to announce in Wednesday's Budget. Labour said the support schemes should have been extended "Months ago". The government said furloughed employees would continue to receive 80% of current salary, capped at £2,500 a month, until the scheme ends at the end of September. Lisa had been worried about the end of the scheme: "If the scheme had been coming to an end much earlier, we wouldn't have been able to keep our employees on until events come back." "In a statement on Tuesday, the chancellor said:"Our Covid support schemes have been a lifeline to millions, protecting jobs and incomes across the UK. "There's now light at the end of the tunnel, with a roadmap for reopening, so it's only right that we continue to help business and individuals through the challenging months ahead - and beyond."

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