Chancellor Rishi Sunak: 'Lockdown easing not reckless'

Today, few moments ago a another great video called Chancellor Rishi Sunak: 'Lockdown easing not reckless' was published in the channel: MailOnlineVideo

As published in the by MailOnlineVideo: Rishi Sunak has announced that furloughed staff will be allowed to return to work on a part-time basis from July – a month earlier than originally planned. The Chancellor said firms will soon be able to take advantage of what he described as ‘flexible furlough’ which will enable employees to return as long as companies pick up a percentage of their salary equivalent to the hours they work. Mr Sunak used the daily Downing Street press conference to set out a major shake up of the furlough scheme as he said businesses must start to share the wage burden from August before the initiative is finally brought to an end in October. However, the proportion they will be asked to contribute will be tapered up to a maximum of 20 per cent over the three month period. The Chancellor stressed the UK scheme would remain ‘among the most generous in the world’, but said businesses should start helping to pay the wage bill of furloughed works despite fears of a wave of redundancies. After an outcry from Tory MPs, he also announced an extension to separate support for the self-employed – with grants continuing until August, but slightly scaled back.

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