Sunak U-turns on furlough – 3 million workers still excluded; Bank of England’s (extra) £150bn to bolster UK economy

Chancellor Rishi Sunak unveiled his fourth winter economic plan in six weeks by announcing the extension of the furlough scheme until March. It means the government will pay 80% of workers’ wages with companies paying national insurance and pension contributions. Support for self-employed had also been extended and the amount increased from previous Treasury statements. […]

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