AS IT HAPPENED: Chancellor Rishi Sunak unveils wage support scheme to replace furlough By Daniel O'Donoghue September 24 2020, 11:30 am September 24 2020, 11:30 am Share AS IT HAPPENED: Chancellor Rishi Sunak unveils wage support scheme to replace furlough Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/politics/uk-politics/2514640/politics-live-chancellor-rishi-sunak-unveils-financial-support-after-furlough/ Copy Link The Chancellor is expected to announce a package to encourage more to return to work, with wages part-subsidised by the government. Rishi Sunak has unveiled an emergency plan to protect jobs and businesses as new Covid restrictions begin to bite. In a dramatic move, the chancellor ruled out an autumn budget and instead launched a “winter economy plan” this afternoon. It comes after MPs and unions warned of the risk of a “tsunami” of job losses. The package includes wage subsidies, VAT cuts and more cheap loans for struggling firms. Keep up to date with all of today’s drama below.
