Furlough scheme extended
About 10 Months, 4 Days, 3 Hours, 4 Minutes ago.
Chancellor Rishi Sunak has extended the furlough scheme for one month until the end of April next year.
He said the move would provide "certainty for millions of jobs and businesses".
It means the government will continue to pay up to 80% of the wages of workers who have been furloughed.
Mr Sunak also confirmed he would be extending the government-guaranteed Covid-19 business loan schemes until the end of March.
These changes come in the run-up to the next Budget, which the chancellor confirmed would take place on 3 March 2021.
The roll-out of vaccinations has provided hope for businesses struggling to get through a winter of stop-start measures to control the virus. But it is likely to be several months before enough of the population has been covered to allow for anything like business as usual.