Chancellor announces furlough scheme replacement

Sunak 0924

New wage subsidy scheme to support part-time working from 1 November

The government has announced its replacement to the furlough scheme to support struggling firms over the next six months of covid-19 restrictions.

Under the Jobs Support Scheme, unveiled by chancellor Rishi Sunak in the House of Commons this lunchtime, the government will contribute to the salaries of staff who are working at least a third of their normal hours.

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