UK's furlough scheme starts to wind down
BBC News By Lucy Hooker image copyrightGetty Images Employers will have to shoulder more of the costs of furlough from Thursday as the government starts to wind down its flagship job support scheme. With about 1.5 million workers still on furlough, the change will affect thousands of firms across the country. Staff will continue to receive 80% of their wages, but employers will pay part of that for the first time. That could prompt layoffs, with older workers at greater risk of redundancy, according to one think tank. The Institute for Fiscal Studies said the bill for employers keeping a memb...