Coronavirus: Workers face 'financial ruin' as Government unveils emergency cash package - News Summed Up

Coronavirus: Workers face 'financial ruin' as Government unveils emergency cash package


But the package is not expected to be published until Friday or Saturday, when thousands of jobs will already have gone. They are thought to be looking at giving workers a minimum pay of perhaps £150 per week, or a percentage of their wages. Sweden, like Germany and Austria, is subsidising a shorter working week, halving the costs with employers so workers keep 90% of wages. The Resolution Foundation think tank is calling for a £22billion package to support workers. One million workers would get a flat-rate £151 a week for six months, at a cost of around £3.6bn.


Source: Daily Mirror March 19, 2020 22:08 UTC



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