Article 58HBA Rishi Sunak to unveil new Covid economic support measures

Rishi Sunak to unveil new Covid economic support measures

by
Jessica Elgot, Larry Elliott and Richard Partingto
from Economics | The Guardian on (#58HBA)

Chancellor will announce employment package to replace furlough scheme

Rishi Sunak is to announce an extension of business loan schemes and a package of employment support to replace the government's furlough scheme, which is due to end next month.

The chancellor will lay out new measures in a statement to parliament on Thursday, a day after he scrapped plans for an autumn budget in order to focus on the immediate economic crisis caused by the Covid-19 pandemic.

Related: Sunak axes budget in scramble for urgent measures to save jobs

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