UK extends 80% wage subsidies as England goes back into lockdown
- Country:
- United Kingdom
Britain's government will extend its emergency coronavirus wage subsidy scheme to ensure workers who are temporarily laid off during a new England-wide lockdown receive 80% of their pay, Prime Minister Boris Johnson said on Saturday.
Britain introduced the 80% wage subsidy scheme in March and it had been due to expire on Saturday to be replaced with more targeted support.
The scheme supported 8.9 million jobs at its peak and had been forecast to cost around 52 billion pounds ($67.28 billion) over its eight-month lifespan. ($1 = 0.7729 pounds)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Boris Johnson
Advertisement