UK Governmen t has announced that employers who bring back furloughed staff and keep them on until the end of January 2021 will be given a £1,000 bonus.
Chancellor Rishi Sunak said the Jobs Retention Bonus could cost up to £9 billion if all furloughed workers are retained. He unveiled the measure on Wednesday as part of an emergency package of support to help keep people in work as the coronavirus economic crisis hits.
He warned that "hardship lies ahead", but insisted that no-one will be left "without hope". The furlough scheme winds down in October, and the bonus incentive is an attempt to avoid widespread redundancies as state support is withdrawn.
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