At the end of May, Chancellor of the Exchequer Rishi Sunak took part in a live address to the nation, in which he revealed several updates to the furlough scheme, currently covering the wages of one-quarter of the British public.
In the briefing, Sunak outlined that, whilst furlough has been extended to a cut-off deadline of October, those who wish to continue utilising the Government-backed funds will have to contribute National Insurance and pension contributions in August and then pay ten per cent of wages from September – rising to 20% in October.
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