Businesses will have to start paying a quarter of furloughed workers' wages under plans to wind the scheme down, it's claimed.
From August, companies will be asked to help foot the bill for the Government's Job Retention Scheme, the Times reports. Chancellor Rishi Sunak has pledged to keep the subsidy, which is currently propping up an estimated 8 million jobs, in place until at least October.
But in a bid to "wean" companies off it, he is expected to announce next week that employers will have to make contributions as lockdown restrictions are eased.
It is understood that the Treasury has come up with a plan which would see employers cover between 20% and 30% of a worker's salary. For the latest on the coronavirus pandemic, read our
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