13.2 C
London
Friday, November 27, 2020

Sunak expected to extend furlough scheme to March

Chancellor Rishi Sunak is set to extend furlough until March, sources have told the BBC.

The full details will be unveiled in a statement in the Commons shortly.

It’s not clear if it will be the full 80% currently available.

The move follows several days of wrangling over the scope and duration of the furlough scheme. It was due to end on 31 October, but has already been extended to cover the current four-week lockdown in England.

That announcement at the weekend sparked a row with Scotland and Wales, which argued that it was unfair for the full support package to be available only when England is in lockdown.

They said the scheme – which guarantees 80% of wages up to £2,500 a month for people unable to work – should be on offer if they went into their own full national lockdowns later on.

Mr Sunak’s statement is due a few hours after .

The Bank warned the resurgence of Covid-19 would lead to a slower, bumpier recovery.

This post courtesy of bbc-politics

Latest news

Iran detained Moore-Gilbert because of Israeli partner: Report

Kylie Moore-Gilbert was released on Thursday after two years in prison in Iran on spying charges she rejectedIranian authorities detained British-Australian university lecturer...

Brazil's Bolsonaro says he will not take COVID-19 vaccine

WorldBrazil's President Jair Bolsonaro speaks during a ceremony at the Planalto Palace in Brasilia, Brazil November 26, 2020. REUTERS/Adriano Machado27 Nov 2020 10:06AMShare...

US election: Trump signals he is prepared to leave White House

shareSharenocloseShare pagelinkCopy linkAbout sharingimage copyrightReutersDonald Trump has said he will leave the White House if Joe Biden is formally confirmed as the next US...

Ethnic tension, conflicts key concern for Myanmar’s incoming MPs

The National League for Democracy (NLD), led by Aung San Suu Kyi, recorded another landslide victory in elections held earlier this monthYangon, Myanmar...

Related news

Iran detained Moore-Gilbert because of Israeli partner: Report

Kylie Moore-Gilbert was released on Thursday after two years in prison in Iran on spying charges she rejectedIranian authorities detained British-Australian university lecturer...

Brazil's Bolsonaro says he will not take COVID-19 vaccine

WorldBrazil's President Jair Bolsonaro speaks during a ceremony at the Planalto Palace in Brasilia, Brazil November 26, 2020. REUTERS/Adriano Machado27 Nov 2020 10:06AMShare...

US election: Trump signals he is prepared to leave White House

shareSharenocloseShare pagelinkCopy linkAbout sharingimage copyrightReutersDonald Trump has said he will leave the White House if Joe Biden is formally confirmed as the next US...

Ethnic tension, conflicts key concern for Myanmar’s incoming MPs

The National League for Democracy (NLD), led by Aung San Suu Kyi, recorded another landslide victory in elections held earlier this monthYangon, Myanmar...

This post courtesy of bbc-politics