Businesses begin to pay towards furlough scheme

Posted by Carolina Plugaru on

Hairdresser wearing a mask

(Source: BBC News)

Businesses that have furloughed staff during the coronavirus pandemic must now start contributing to the government's job retention scheme. From Saturday, firms must pay national insurance and pension contributions until the scheme ends in October.

But the Federation of Small Businesses warned the government not to "pull up the business support drawbridge" and said more help was needed to save jobs. The government said millions of jobs have been saved because of the scheme

The latest figures from the government show 9.5 million jobs - a third of the private sector workforce - have been furloughed during the pandemic, at a cost of £31.7bn to the Treasury.

However, the Resolution Foundation said fewer than 4.5 million workers were currently on the scheme, down from a high of nearly eight million in April.

Read more on BBC News

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