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ITV News published this video item, entitled “Rishi Sunak announces government will top up wages for people on reduced hours | ITV News” – below is their description.
The Chancellor today unveiled the Government’s new support scheme, aimed at saving jobs and fending off mass unemployment. Rishi Sunak called it a “radical intervention” which would offer fresh help for businesses and workers for six months, from November. It will mainly apply to employees working fewer hours because of lower demand – and also extends the VAT cut for the hospitality sector. But it’s nowhere near as generous as the furlough scheme, which ends next month – meaning many others will face redundancy.ITV News YouTube Channel
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In This Story: Rishi Sunak
Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015.
His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.
Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, he would later become the UK Chancellor of the Exchequer in under five years.