Sunak to extend furlough scheme to end of March
Chancellor Rishi Sunak has confirmed that he will extend the furlough scheme until the end of March.
"Mr Sunak said the scheme will pay up to 80% of a person's monthly wage.
He told the Commons that the government will review the policy in January.
It follows several days of wrangling over the scope and duration of furlough. It was due to end on 31 October but has been extended to cover the new four-week lockdown in England.
That announcement at the weekend sparked a row with Scotland and Wales, which argued that it was unfair for the full support package to be available only when England is in lockdown.
They said the scheme - which currently guarantees 80% of wages up to £2,500 a month for people unable to work - should be on offer if they went into their own full national lockdowns later on.
Mr Sunak's statement comes after the Bank of England said it was pumping an extra £150bn into the economy."
Source: UK Gov. BBC
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