Chancellor Rishi Sunak is set to make an announcement on the furlough scheme, as reports suggest employers will be asked to pay 20% of workers’ wages as well as national insurance and pensions contributions.
It is understood the government will pay 60% of each wage up to a cap of £2,500 a month from August, according to The Guardian.
Treasury sources did not deny the reports, the Press Association has said.
The chancellor will give an update today on how firms will be asked to contribute to employees’ wages, following government concerns about the increasing costs of the furlough scheme and its likely impact on the UK public spending deficit.
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