Rishi Sunak is set to extend business rates relief and prolong the furlough scheme into the summer, The Telegraph has reported.

In next months budget Mr Sunak is expected to announce that the year-long business rates for retail, hospitality and leisure will continue.

The business rates holiday was set to expire at the end of March but will be continued. Furlough will also be continued in an attempt to prevent a surge in unemployment.

The furlough scheme is expected to be kept in place until the summer before being phased out.

Click here to read The Telegraphs article!

Related Articles

Related Articles

Registration Opens For Virgin Radio And The Sun’s Big Thank You Tour As The Sun’s Who Cares Wins Appeal Hits £1m!

Retail workers invited to register for free tickets to Virgin Radio's and The Sun's Big Thank You Tour.
Read More

Support For Businesses In The Republic Of Ireland

The NFRN have released a guide to help support members in the Republic of Ireland during these unprecedented times.
Read More

NFRN Urges CMA To Address ATM Commission Reductions Amid Covid-19

The Federation of Independent Retailers' (NFRN’s) National President Stuart Reddish has written to the Competition and Markets Authority (CMA) concerning “significant unilateral reductions in ATM transaction fees paid to retailers by Cardtronics”, under the guise of the Covid-19 pandemic.
Read More