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Targeted' extension needed for furlough scheme to avoid mass unemployment, MPs warn

Published by Yahoo on Fri, 11 Sep 2020


A "targeted" extension to the coronavirus furlough scheme should be considered to avoid a cliff-edge when it ends next month, MPs have warned.The Treasury Select Committee said Chancellor Rishi Sunak risks mass long-term unemployment and putting hard-hit viable firms out of business if the worker support scheme comes to an abrupt end on October 31.
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