Sunak set to extend furlough scheme to March 2021 - reports

Statement expected this afternoon

clock • 1 min read

Chancellor Rishi Sunak is likely to extend the UK’s furlough scheme through to the end of March 2021, according to a report from the BBC.

The scheme was originally due to end on 31 October but has already been extended to cover the UK's four-week lockdown. It is unclear whether the new extension will cover the full 80% of wages of up to £2,500 per month. The full details will be revealed to the House of Commons shortly, with Sunak due to issue a statement later this afternoon (5 November). The report said the likely extension followed "several days of wrangling" over the scope and length of the scheme. The announcement, it added, also caused a row among the devolved nations who had already chosen to go into separate l...

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