Covid: Furlough scheme to be extended until September 🔴 @BBC News live – BBC

BBC published this video item, entitled “Covid: Furlough scheme to be extended until September 🔴 @BBC News live – BBC” – below is their description.

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It’s Wednesday 3 March 2021. Our top stories this morning 0:00

The chancellor will extend the furlough scheme until the end of September when he makes his Budget speech later.

Rishi Sunak said the scheme – which pays 80% of employees’ wages for the hours they cannot work in the pandemic – would help millions through “the challenging months ahead”.

Some 600,000 more self-employed people will also be eligible for government help as access to grants is widened.

But Labour said the support schemes should have been extended “months ago”.

Mr Sunak will outline a three-point plan to support people through the coming months, rebuild the economy and “fix” the public finances in the wake of the pandemic when he delivers his statement to the Commons at around 12:30 GMT.

But he has warned of tough economic times ahead and there are reports that he plans to raise some taxes.

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