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Government issued photo id. Furlough scheme extended to october at cost of up to 100bn. Uks job retention scheme cost 25billion so far the cost of the governments furlough scheme has soared past 25 billion new figures revealed yesterday. So far coronavirus has cost the government more than 200bn with about 40bn spent on the furlough scheme alone.
The uk governments furlough scheme has cost 354bn so far the largest single component of the 210bn covid 19 bill. How much does the furlough scheme cost compared to 2008 banks bailout trident and hs2. As a result government borrowing has increased substantially to cover the cost.
So far the furlough scheme has cost the exchequer almost 40bn since its launch in march. Our news team by emailing us at. Full cost of furlough scheme so far laid out as 93m people take advantage more than a million companies have used the governments job support scheme to furlough staff during coronavirus and.
The jobs furlough is estimated to be costing 14bn a month. So far 10bn has been shelled out as part of efforts to avoid an economic meltdown and. The number of people on furlough has fallen from a peak in may of 9 million to about 3 million in september.
Uks furlough scheme to cost less than expected says watchdog. This implied average weekly pre virus gross pay of 320 for the jobs furloughed so far much closer to the median pay of. Furlough scheme could cost 40000000000 in three months.
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