Rishi Sunak draws up German-style scheme for businesses and Treasury to jointly pay workers’ wages

Rishi Sunak is drawing up plans for a new German-style job retention programme to replace the government’s outgoing coronavirus furlough scheme, reports suggest. The Chancellor is under mounting pressure from business chiefs and politicians to find a new way to avoid the threat of mass layoffs when the government’s £39billion furlough scheme ends next month. … Read more