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Rishi Sunak confirms furlough replacement and 'pay as you grow' plans
The chancellor of the exchequer Rishi Sunak has unveiled new support measures for UK businesses
Chancellor unveils new measures to protect jobs
Addressing the House of Commons, 8 July, the chancellor unveiled a Jobs Retention Bonus, giving £1,000 to businesses who bring back employees from furlough
Employers to contribute to furlough scheme from August, freelancers may also claim
Chancellor Rishi Sunak had previously announced the plan to get businesses to contribute to the Coronavirus Job Retention Scheme
Government urged to allow temporary venue at Earls Court
The new site owners, Dutch pension group APG, Delancey and their joint venture partner Transport for London (TfL) have yet to bring plans forward for the site and ensuring ‘meanwhile use’
Treasury expands coronavirus loans for larger firms to £200m
Previously, the maximum pay-out was capped at £50m
Furlough scheme extended until October, changes due in July
The news will bring some relief to events businesses which have seen their incomes completely stop
Furlough scheme could be cut, newspapers report
The government is said to be considering cutting the proportion of workers' wages it pays under its Covid-19 furlough scheme to 60% from 80%
Rishi Sunak offers 100% state-backed loans to smallest firms
The chancellor of the exchequer, Rishi Sunak, has announced full state guarantees on lending to Britain's smallest businesses
UK considering 100% guarantees on smallest business loans
Rishi Sunak has been under sustained pressure from Conservative lawmakers and the Bank of England, the Financial Times reported
Government to pay 80% of wages, defers VAT, but worries remain for freelancers
Chancellor Sunak said the state would pay grants covering up to 80% of the salary of workers kept on by companies
