Coronavirus covid-19 virus economy and

New coronavirus jobs scheme pays 22% of wages - and it's much less than furlough

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www.mirror.co.uk

The Government will pay less than a quarter of workers' salaries in Rishi Sunak's replacement for the Coronavirus furlough scheme.

The Chancellor said he wouldn't extend the furlough scheme, which saved thousands of jobs during the Covid-19 pandemic. Instead he today announced a new 'Jobs Support Scheme' - which will top up the wages of employees in "viable jobs".

He said it would give businesses the option of keeping people in work on shorter hours - at least a third of their normal hours - and be paid for that work by their employer.

But the Government will pay 22% of the overall wages of eligible workers. Meanwhile employers will be expected to pay 55% of wages, even if their staff are only working a third of their hours.

Read more on mirror.co.uk
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