Coronavirus: Business groups seek urgent extension to 'furloughing' scheme

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 67%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Ministers are under pressure to extend the government’s emergency wage subsidy scheme within days amid warnings that employers are on the brink of making massive permanent layoffs

The scheme pays up to 80% of an employee's wages, up to a monthly maximum of £2500.

Next week's deadline is critical because employment law requires any company wanting to make more than 100 people redundant must first hold a 45-day consultation period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

All the dumbdown brainwashed are sitting at home watching their bills pile up because the TV told them too are now going to lose their jobs😂😂😂😂

As Always with Business It's About CONFIDENCE! The Coronavirus Appears to be Out of Humans' Control Until We Have An Effective Cure/Vaccine! Businesses Will NOT Want to Take On Loans, Knowing Business Activity Affected Post Virus! Seems Huge Global Shock To Come!

That curve had better start coming down soon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in CA

Canada Canada Latest News, Canada Canada Headlines