Name: Treasury furlough scheme extended after new England lockdown - BBC News
Uploaded: 2020-11-01T18:53:10.000Z
Duration: 2 min 59 s
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the Treasury's furlough scheme, which is subsidized.

Past simple

The wages of up to 9.5 million employees was due to end tonight, but it's now been extended across the UK for another month.

Modal verbs - A2

As our business correspondent Katie Austin reports, This was the Zim Bry restaurant in Bournemouth in August, busy with eat out to help out diners from Thursday, it will, alongside all other pubs and restaurants in England, have to close for a month and once again put staff on furlough.

A lot of businesses didn't only just came out off this, you know that this last locked down A lot of businesses won't come out of the second term, for Lee will help employees.

Then we'll need to beam or grant the 80 rate.

The owner of this beauty salon in London fears either demand for her services will plummet again or she'll have to close.

Yes, it does help, and I know it's difficult, but it won't be enough.

We do need to get assistance and support.

The British retail consortium said the New England wide restrictions amount to a nightmare before Christmas.

It would be a disaster for us all, as customers in the lead up to Christmas if part off the retail industry were forced to close as part of today's announcement, £1.6 billion a week of retail sales were lost in April, May and June, and that would be an even bigger figure with the consequences for jobs.

The furlough scheme, which was meant to end today, lives on for another month.

But for hard hit sectors, including aviation and hospitality of fresh lock down of this length is the nightmare scenario.

The Treasury has thrown so much money at this already, and now this extension of furlough, that's right.

The cost to the public purse continues to mount as the government tries to limit the damage caused by the coronavirus restrictions it is including.

The first game was already coming in at a price tag around £40 billion.

It's unclear exactly what this one month extension will mean in terms, of course, but again we are unlikely to be talking in the billions.

At a time when government borrowing has sought in November, employees will receive 80% of their current salary for hours not worked upto a maximum of 2.5 £1000.

On this evening, groups representing self employed people have bean pointing to what had already been announced for the self employed, which was winter grants, which we're going to cover 40% of their average trading profits if they were eligible.

So those groups are saying that needs to be boosted to to help the self employed as well as employees through this new period.