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As furlough support drops to 60 per cent today, one in five plan to let staff go

Extra training is required to deal with the “many thousands” of redundancies being predicted as furlough support tapers off, the British Chamber of Commerce has said.

As furlough support drops to 60 per cent today, one in five plan to let staff go
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A survey of businesses found that one in five firms plan on letting staff go in response to today’s furlough policy change, which will see employers asked to contribute 20 per cent towards the salaries of those whose wages are currently being subsided by the state.

Read more at City A.M.

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