A fifth of British firms are considering staff redundancies following Sunday's furlough policy change, which will see employers contribute more, according to a new survey.
A British Chamber of Commerce poll of 250 businesses found that 18% of respondents said they were likely to make staff redundant in response to the upcoming changes to the Coronavirus Job Retention Scheme (CJRS), as reported by the BBC.
A quarter also said they would aim to reduce hours or move staff to part-time working patterns
The Chamber said extra training was needed to deal with thousands of redundancies predicted, as reported by the BBC.
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