Sunak announces new ‘Job Support Scheme’

Chancellor Rishi Sunak has unveiled a new Job Support Scheme to replace the furlough scheme from the 1st of November.
The six month scheme will allow employees to work a minimum of 33% of their normal hours.

Employers will continue to pay the wages of staff for the hours they work – but for the hours not worked, the government and the employer will each pay one third of their equivalent salary.

Source: Financial Reporter
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