On Friday, Chancellor Rishi Sunak announced huge changes to the Job Retentions Scheme, including closing it off to new applicants from July. Labour's shadow chancellor Anneliese Dodds warned last week about job losses when the government support scheme ends. Experts fear that the scheme may simply be disguising massive unemployment, with sweeping layoffs potentially on the cards after it ends. Staff will be able to return to work part-time without losing any furlough pay from next month, the Chancellor added. New figures on Tuesday also revealed that 2.5million claims totalling £7.2billion have been made under the Government scheme to support self-employed people.

Source: Daily Mirror June 02, 2020 14:32 UTC