Rishi Sunak will be extending the furlough scheme for workers until September.
Sunak to extend furlough scheme until September: He is also due to announce more help for the self-employed. The original furlough payments were due to finish at the end of April. As many business will still have restrictions until June he was urged to extend it so that firms didn’t go under. Sunak said in a statement “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.” Workers will still be paid 80% of their wages up to a maximum of £2,500. The terms remain unchanged. Employers will be asked to make up the shortfall in wages.
In today’s Budget the Chancellor will announce the expansion of the self-employed income support scheme. People who work for themselves and became self-employed in 2019/2020 were not previously covered by the scheme.
He will be setting aside grants for approximately 600,000 workers. Sunak is due to announce in his Budget statement today that “We’re using the full measure of our fiscal firepower to protect the jobs and livelihoods of the British people.” Sunak will announce his Budget speech today in Parliament.
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