London, UK: More than nine million workers are expected to be furloughed under the government’s job retention scheme, according to the Resolution Foundation.
It has used figures on take-up of the scheme from the British Chambers of Commerce to make the estimate, including the indication that nearly a fifth of smaller firms plan to furlough all their staff.
Half of companies are putting most of their staff into the scheme.
For an explanation of how the scheme works see the viewpoint here.
