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UK furlough scheme now covers 8.4 million workers

Some 8.4 million workers are now covered by the government’s furlough scheme, up from eight million a week earlier, the Treasury has said.

Claims for subsidies filed by employers rose to £15bn from £11.1bn, it added.

The scheme, brought in to mitigate the effects of coronavirus, allows employees to receive 80% of their monthly salary up to £2,500.

A similar scheme for self-employed workers saw 2.3 million claims made worth £6.8bn.

Gattaca PLC (LON:GATC) provides recruitment solutions and support to employers in the engineering and technology sectors. With offices across four continents, their global presence gives them the ability to offer clients and candidates a localised service on an international scale.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.