Rishi Sunak has been told he has 24 hours to change course on the Government’s furlough scheme or risk making a “historic mistake” that could cost jobs across the UK.
Labour has warned the Chancellor that jobs could be lost if he does not abandon his “one-size-fits-all” withdrawal of furlough support.
From August 1, employers will have to pay National Insurance and pension contributions for their staff. And in September, companies will have to pay 10% of furloughed employees’ salaries - rising to 20% in October.
Shadow chancellor Anneliese Dodds said the move could lead to a “python-like” squeeze on jobs in some of the sectors that have been hardest hit by the coronavirus pandemic.
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