• Chancellor has just announced an extension to the furlough scheme until the end of October - maintained at the current level of 80%
    Current cost of the scheme to date: between £30bn and £40bn.
    With a commitment to a further £30bn.
    7,500,000 employees currently taking advantage.

  • The stick is that it will become contingent on the employers contributing (rather than just taking the govt's 80%). No details on this bit yet though.

    For some employers (without the cash/income to do this) that will mean either folding or getting some employees back in.

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