Rishi Sunak 'putting together new furlough-style bailout' for local lockdowns - News Summed Up

Rishi Sunak 'putting together new furlough-style bailout' for local lockdowns


Ministers are today desperately looking for ways to prevent businesses collapsing as Boris Johnson prepares to impose tougher lockdowns across a swathe of the country. Chancellor Rishi Sunak is putting together a package expected to resemble the soon-to-expire furlough scheme, but targeted at local areas hit with restrictions under a new 'traffic light' system. Last month Mr Sunak confirmed that the furlough scheme will close at the end of this month, but announced a new Job Support Scheme in its place. In large areas north of the border hospitality venues are being told to shut altogether. The Labour leader said his MPs will not oppose the measure in a crunch vote next week, although he wants the policy reviewed.


Source: Daily Mail October 08, 2020 15:23 UTC



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