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LIVE: Reaction as Rishi Sunak reveals six-month Jobs Support Scheme to replace furlough scheme

  • • Chancellor Rishi Sunak speaks in the House of Commons on the new wage subsidy scheme that will replace the Government's furlough scheme - the Jobs Support Scheme
  • • Businesses will be able to keep employees in a job on shorter hours rather than making them redundant.
  • • The scheme will last for six months, starting in November
  • • The Government will provide similar support for the self-employed
  • • Reduction of VAT from 20% to 5% will remain in place until March 31, 2021

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