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Britain’s Finance Minister Rishi Sunak will protect jobs in his budget on Wednesday by extending the furlough scheme until the end of September, while also setting out plans to overhaul the London Stock Exchange in a post-Brexit shake-up.
The Coronavirus Job Retention or furlough scheme, which has protected 11.2 million jobs since the start of the crisis, will be extended beyond the existing deadline of April 30.
Mr Sunak will also publish the review findings by Jonathan Hill, which recommends a post-Brexit shake-up of listings rules to lure tech companies to the City of London.
Addressing Britain’s Parliament on Wednesday, Mr Sunak will set out a three-point plan to support people and businesses through the crisis, start fixing public finances and begin building the future economy.