UK Extends Wage Support Until March

UK Extends Wage Support Until March UK extends its wage support until March. British Finance Minister Sunak stated that they decided to continue state-sponsored payments to employees of companies that were closed due to the coronavirus epidemic until the end of March. British Finance Minister Rishi Sunak stated that companies closed to support the economy of the country adversely affected by the coronavirus epidemic, extended the wage support of employees until the end of March. Making a statement to the House of Commons, Sunak stated that the state support, which covers 80 percent of the salaries of workers in companies that shut down due to coronavirus measures, will continue again after the end of the partial quarantine on December 2. In his previous speeches, Sunak said that the support program should end on 31 October. The fact that the support program, which was originally planned to last for three months, will last more than a year, shows how much the epidemic has damaged the UK economy. Thus, five important regulations came into force within six weeks to support businesses in the country affected by the second wave of the coronavirus epidemic.