Businesses begin to pay towards furlough scheme

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Businesses begin to pay towards furlough scheme
United Kingdom Latest News,United Kingdom Headlines
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Businesses begin to pay towards furlough scheme From today, firms must pay national insurance and pension contributions until the scheme ends in October

from the government show 9.5 million jobs - a third of the private sector work force - have been furloughed during the pandemic, at a cost of £31.7bn to the Treasury.said fewer than 4.5 million workers were currently on the scheme, down from a high of nearly eight million in April.

"Even with critical emergency measures in place, jobs are sadly being lost in the here and now," said FSB chairman Mike Cherry. Under the scheme, workers get 80% of their salaries paid for by the government - up to £2,500 a month. Dan Tomlinson, senior economist at the think tank, said the scheme had protected family incomes and prevented"catastrophic levels of unemployment".

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