In response to the coronavirus pandemic, Chancellor of the Exchequer, Rishi Sunak, unveiled the ‘unprecedented’ Coronavirus Job Retention Scheme (CJRS) back in March.
The current operation of the scheme sees furloughed staff members paid 80% of their wages by the taxpayer, which can be up to £2,500 per month. This is estimated to have cost the public £19.6billion so far.
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