UK Government unveils new Job Support Scheme, extension of SEISS and Bounce Back Loan repayments - everything explained
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dailyrecord.co.ukChancellor Rishi Sunak has outlined additional UK Government support to provide certainty to businesses and workers across the country impacted by coronavirus after the furlough scheme ends next month.The furlough scheme was introduced in March and paid 80 per cent of the salaries of nearly 12 million employees unable to work because of coronavirus and subsequent lockdown and will end on October 31.Since the beginning of the pandemic, the UK Government has provided over £190 billion of support - including financial funding for over a million businesses through grants, loans and rates cuts.Mr Sunak delivered the Winter Economy Plan in the House of Commons on Thursday, announcing new economic measures to support the country for the next six.
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