140,000 UK companies apply for coronavirus job furlough scheme
by Hilary Osborne and Julia Kollewe from on (#52CM6)
Fears that system would be overwhelmed seem unfounded as launch goes smoothly
More than 140,000 companies employing a total of about a million workers have applied to the government's job furlough scheme on its first day of operation, the chancellor has announced.
It is understood the price tag attached to the requests is about 1bn, a figure that is likely to rise significantly as more companies make their applications for help over the coming days and weeks.
Portal now open. This thread has screenshots of what you will see when you submit a claim. https://t.co/JqLFWLeeSD
Income subsidies
Continue reading...