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UK extends wage support programme till march end amid new lockdown

UK extends wage support programme till march end amid new lockdown

The UK govt and BOE has decided to provide additional support to economy in winter following imposition of new Covid-19 lockdown. Immediately after BOE increased its QE higher than anticipated £150bn, Treasury chief Sunak said govt’s salary support program will be extended through March. The extension of program, would allow govt to pay 80% of wages of people retained by firms.

Milan
Milan
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