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Covid-19: Economic Support

Part of Treasury – in the House of Commons on 18th May 2020.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer

It is precisely because of the time it takes for businesses to ramp up that last week, I announced an extension to the furlough scheme all the way through to October, to provide that runway for growth—in particular, for those who will open later in tourism and hospitality. As I said, we will introduce flexible furloughing in the extension period of that scheme.