Report adds to pressure on chancellor to continue targeted support for struggling sectors

Pressure has mounted on the government to rethink the decision to bring its wage subsidy scheme to an end next month after an influential group of MPs said Rishi Sunak should continue to provide targeted support to struggling sectors of the economy.

The Treasury selected committee said viable businesses would go to the wall unless they continued to receive support from the state and urged the chancellor to “carefully consider” targeted extensions to the furlough scheme.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Iran provides ‘tech support’ for Russian drones killing civilians, White House confirms

Iranians brought trainers and technical support to Crimea to help Russians use…

Keir Starmer open to return of Parthenon marbles, reports say

Labour leader gives strongest hint yet of support for loan deal with…

Ambulance service ‘in meltdown’ as one in four 999 calls missed in October

NHS heads warn patients dying every day as A&E logjams cause 169,000…