New Furlough Scheme Two Thirds, Business Confidence Falls At Fastest Pace On Record Business The Times

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Local furlough scheme will pay two thirds of wages in firms forced to shut news 9 october 2020 business matters rishi sunak is set to announce a local furlough scheme today in which the government will subsidise two thirds of the wages of workers in pubs restaurants and other businesses that are forced to close to stop the spread of coronavirus.

Should furlough be extended vote. Chancellor rishi sunak set out meas. New furlough scheme explained. For the two thirds of the other hours not worked the government will.

Workers in lockdown areas where businesses are forced to shut will get two thirds of their wages paid for in a new furlough style scheme it was announced today. Employers will only face paying. How job support scheme extension will pay two thirds of wages if businesses have to close.

New furlough scheme explained. The government will support eligible businesses by paying two thirds of each employees salary 67 up to a maximum of 2100 a month. The government will pay two thirds up to 2100 a month of staff wages if their work has been closed.

How does the new scheme work. How job support scheme extension will pay two thirds of wages if businesses have to close. Chancellor rishi sunak set out measure.

Employers will only be required to pay workers national insurance and pension contributions. The new local furlough scheme is significantly more generous that the job support scheme announced by the chancellor last month. Workers will get two thirds of their wages covered by the government if their place of work has to close down due to local coronavirus restrictions.

Under the new scheme they will still get two thirds 67 per cent of their wages capped at 2100 a month but they will all be picked up by the treasury.

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