Calls for Rishi Sunak to extend furlough scheme in UK Budget
The push follows Chancellor Rishi Sunak suggesting that he could extend the initiative – beyond the current end date of April 30.
A new survey has found 71 per cent of leaders of small and medium-sized enterprises (SMEs) are calling for the support scheme, which is available across the UK, to be in place for longer.
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Hide AdThe report from flexible funding specialist Nucleus Commercial Finance also found larger businesses with between 50 and 249 employees reported feeling the pressure the most, with 83 per cent calling for an extension.
It sits against a backdrop of company bosses under strain, with one in seven expected to make redundancies once furlough ends, and such bosses report feeling both stressed (43 per cent) and anxious (42 per cent).