HomeBreaking NewsSunak to extend ‘furlough scheme and business rates relief’

Sunak to extend ‘furlough scheme and business rates relief’

by Mark Fitt Political Journalist
19th Feb 21 11:20 am

The Chancellor is expected to to announce on his 3 March Budget, to extend the furlough scheme and business rates relief.

The current support packages are to end on 31 March, but Rishi Sunak will extend this into the summer, the Financial Times has reported.

The newspaper also reported that Sunak will extend the £20 a week Universal credit. This means that the government will pay 80% of wages up to £2,500 a month for furloughed staff until the autumn.

This comes as Sunak is considering to introduce an online sale tax which would raise £2bn, which could see people returning back to the high street.

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