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Sunak: £1,000 for each UK employee that comes back to work

Christian Fernsby ▼ | July 8, 2020
Bosses who bring back furloughed staff and keep them on the payroll until January next year will get a bonus of £1,000 per employee, Chancellor Rishi Sunak has said.
Rishi Sunak
Chancellor   Rishi Sunak
Sunak made the announcement during his coronavirus economic update in the House of Commons today.

Topics: Sunak UK

Employees brought back from furlough must remain on the payroll until the new year and be paid at least £520.

Sunak said: "This would be a £9bn policy to retain people in work. If you stand by your workers we will stand by you."

Sunak said he would not accept unemployment as an "inevitable outcome" but said the UK had suffered a 25% economic contraction in just two months.