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Many furloughed workers in UK now likely to lose job: IFS

Thu, 24th Sep 2020 12:24

LONDON, Sept 24 (Reuters) - A new jobs support scheme
announced by British finance minister Rishi Sunak will not
prevent many furloughed workers from losing their jobs, the head
of the Institute for Fiscal Studies (IFS) think-tank said on
Thursday.

"This is a v big change from furlough. Less generous. Only
open to those who are working a third of normal hours," Paul
Johnson tweeted.

"Understandable given need to adapt as economy changes.
Can't pay all wages forever. But a lot on furlough now likely to
lose their job."
(Reporting by Andy Bruce; editing by Stephen Addison)

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