Coronavirus: How is the UK furlough scheme changing?

4 years ago
1

Coronavirus: How is the UK furlough scheme changing?

The UK chancellor, Rishi Sunak, has announced that the furlough scheme put in place during lockdown will start to change from August, when employers will be asked to resume paying their staff's national insurance and employer pension contributions. They will then have to pay 10% of wages in September and 20% in October

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DISCLAIMER: Sai Ganesh, is not a financial/investment advisor, broker, or dealer. He is solely sharing his personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. Always remember there are financial risks associated with investing, and Sai Ganesh’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s), and conduct your own due diligence.

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