Rishi Sunak Britain economy Government crisis Coronavirus Rishi Sunak Britain

Furlough scheme opens today - who qualifies and how shops and businesses can register

Reading now: 899
www.mirror.co.uk

The Government's Jobs Retentions scheme opens to employers today - allowing struggling firms to apply for funding to cover their workers' wages during the COVID-19 crisis.

The scheme, which places staff on 'furlough', essentially paid leave, will cover up to 80% of their earnings, up to £2,500 a month - equivalent to the average UK salary of £30,000 a year.

Chancellor Rishi Sunak said: "It's vital that our economy gets up and running again as soon as it's safe." It comes as latest figures show more than 11million people could end up on the employment scheme following an extension of last week's coronavirus lockdown measures.

Read more on mirror.co.uk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
63%
835
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
DMCA