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MPs Team And Trade Unions Want Targeted Extension Of Wage Support Scheme

UK

The Financial Times reports that "MPs have lent their weight to business and trade union calls for the government to continue wage support when the furlough scheme ends in October, urging chancellor Rishi Sunak to consider a "targeted" extension to prevent rising long-term unemployment. Boris Johnson has repeatedly ruled out any extension of the job retention scheme, with the UK prime minister saying again this week that it would do no good to keep people in "suspended animation" in jobs that were no longer viable. But the cross-party House of Commons Treasury select committee said in a report on the economic impact of the coronavirus pandemic, published on Friday, that a large proportion of businesses in the sectors most affected by social distancing might have a long-term future."

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