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UK Sunak reportedly set to extend furlough program until March next year

November 5, 2020 by admin 0 Comments

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BBC political correspondent, Nick Eardley, reports in a tweet

NEW: Chancellor set to extend furlough until March, sources have told the BBC. Details just after midday – not clear if it will mean full 80 per cent.

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Well, Sunak will be addressing parliament soon – scheduled to be at the top of the hour – on the details so we’ll see. But this seems to be a much longer extension than expected, so that’s at least some good news for the UK labour market and economy.

This article was originally published by Forexlive.com. Read the original article here.