Coronavirus Job Retention Scheme

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

As I think the shadow Chancellor has acknowledged previously, we are in deep consultation with both unions and business groups to ensure that we get the design right for the second part of this scheme. It is right both for the economy and, indeed, for the taxpayer to ask employers to make a contribution to paying the wages of their employees. They will have the benefit of flexibility in furloughing to help offset that. I cannot comment now on this, but I did say that details will be provided by the end of the month.