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Covid: Furlough scheme set to wind down further

BBC News
By Daniel Thomas & Michael Race
Business reporter, BBC News
image copyrightGetty Images
Furlough will be wound down further from Sunday as the government asks employers to make a bigger contribution to the wage support scheme.
An estimated 1.3 million people were on the scheme at the beginning of July, down from a peak of 5.1 million at the height of lockdown in January.
The scheme has been extended several times but will end on 30 September.
It is credited with stopping a spike in unemployment and some fear jobs will be lost when it ends.
The scheme, drawn up after lengthy talks with business groups and union leaders, has cost taxpayers almost £50bn to date, arousing fears taxes will have to rise to pay for it. ....

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BBCNEWS BBC News June 4, 2024 13:40:00

A drop of almost 600,000 since may, and the lowest level since the start of the coronavirus pandemic. the under 25s are leaving the scheme faster than any other age group, but it s unclear whether they re heading back into full time work. laura kearsley is head of employment law at nelsons solicitors, and canjoin me now. thanks for being with us. as this furlough scheme is tapering off, are we going to see more and more redundancies? morejob losses? i think that will be an unfortunate factor when the scheme continues to wind down. some of the people coming off the scheme will not be going back into work, i m afraid to say. what s your advice to people worried that they could be about to face redundancy? i that they could be about to face redundancy? that they could be about to face redundan ? , , , ,, , redundancy? i completely think it s awor in: redundancy? i completely think it s a worrying time redundancy? i completely think it s a worrying time for redundancy? i completely ....

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Pandemic-induced divorces yet to peak, claims Leicester lawyer

Pandemic-induced divorces yet to peak, claims Leicester lawyer
leicestermercury.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leicestermercury.co.uk Daily Mail and Mail on Sunday newspapers.

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