Friday, May 29, 2020

UK FINANCE MINISTER LAYS OUT PLANS TO END FURLOUGH SCHEME

The UK chancellor says the Government's furlough scheme will be phased out, month-by-month, until the end of October.

The Government currently pays 80% of an employee's wage.

But come September businesses will have to pay 10%, and by October, 20%, before it ends.

Stuart Smith reports from London.

IN: "It's a scheme..."