Retail, wholesale, accommodation and food services businesses have been the biggest users of the Coronavirus Job Retention Scheme, together putting around three million people on furlough and claiming roughly £5.8bn in wage subsidies, HM Revenue & Customs has revealed.
Parents who are on statutory maternity and paternity leave and due to return to work in the next few months will still be eligible for the furlough scheme after it otherwise closes to new entrants today.
Rishi Sunak has provided the first details of how businesses are to share the cost of furloughed workers, surprising many by unveiling that firms will pay only employers' national insurance and pension contributions - estimated to be around 5% on average - from 1 August.
Chancellor Rishi Sunak is likely to signal this week that the Coronavirus Job Retention Scheme is winding down and is set to announce that the Government will no longer allow businesses to furlough employees.
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