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Survey: British business to lean heavily on government job retention scheme | Malay Mail

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LONDON, April 2 — Almost half British companies expect to furlough 50 per cent or more of their workforce, a survey by the British Chambers of Commerce (BCC) showed today, underlining demand for government support as the world’s fifth-largest economy grinds to a halt. Britain promised hundreds...

Thursday, 02 Apr 2020 07:20 AM MYT

Britain promised hundreds of billions of pounds in support for businesses during an enforced lockdown of the population to help prevent the spread of coronavirus. In a bid to prevent firms permanently laying off workers and slowing the subsequent economic recovery, finance minister Rishi Sunak said funding for the scheme was unlimited.

 

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