Business

Sunak’s new emergency lifeline for jobs aimed at supporting viable businesses

BY Mutaz Ahmed | tweet mutazahmd   /  24 September 2020

A “Jobs Support Scheme” will replace the furlough scheme from November. It will continue to top up the wages of workers whose businesses are struggling to pay the full amount, but on significantly less generous terms as the furlough scheme. 

The new scheme will only be available to “viable” businesses. This tackles one of the main criticisms of furlough – that it supports jobs which will be lost in any case due to the long-term restructuring of the economy. Jobs Support recipients will have to work for at least 33% of their usual hours, with businesses covering the pro-rata salary and splitting the remaining 66% of hours with government funds. 


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