Thursday, 5 November 2020

The Government's latest furlough U-turn still doesn't go far enough

After the Government announced a last-minute extension to the furlough scheme on October 31st, I warned the Chief Treasury Secretary that it wouldn't be sufficient since, sadly, the coronavirus pandemic would not be going away at the end of November.

This delay will have cost businesses and individuals an untold amount.

Now, not even a week after their announcement, Rishi Sunak has extended furlough further - this time, to March 2021 - and yet again, he has failed to go far enough.

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