Employers in the UK will be expected to pay up to 30% of furloughed wages from August, in new plans drawn up by the government.

The Treasury will be asking businesses to cover 20% to 30% of people’s wages in the job retention scheme, the initiative was extended by four months on 12 May in a bid to prop up the UK economy during the coronavirus pandemic.

It is understood that the Treasury has drawn up plans that would require employers to cover between 20% and 30% of people’s wages and that they would also be required to cover the cost of employer’s national insurance contributions, on average 5% of wages.”

Chancellor Rishi Sunak declined to comment on the report but is expected to announce the changes next week.

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