Fears for 1 million furloughed staff with Sunak set to finally end scheme
Fears for 1 million furloughed staff with Sunak set to finally end scheme
After the success of the chancellors’s £70bn programme, there is uncertainty about the future direction of the economy
The biggest state intervention in the UK’s labour market in peacetime comes to an end this week when the government finally winds up its furlough support.
Barring an unlikely last-minute change of heart, a wage subsidy that has been in place for 18 months and has cost £70bn will no longer be open to struggling firms.
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