The replacement for the UK furlough scheme is similar to Germany’s Kurzarbeit
- UK government to cover 22% of worker pay for six months
- Key points from Rishi Sunak’s winter economy plan
The chancellor, Rishi Sunak, has announced a replacement for the coronavirus job retention scheme based on a German-style system of wage subsidies.
Faced with the prospect of rising job losses this autumn when furlough closes at the end of October, and tougher restrictions on the economy as the pandemic worsens, the “job support scheme” forms the backbone of his winter economy plan.