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Job Support Scheme reaction by Azets to UK Chancellor’s announcement

Dave Hedges, Partner at Azets, comments

“As with earlier announcements made by the Chancellor, we need to await some of the finer details. However, the arrangements that have been announced are intended to further support the employee to a level broadly similar to the current scheme whilst bringing down the Government contribution. The employer’s financial cost will be partly offset by the availability of the Job Retention Bonus. It will be interesting to see if this is all sufficient to limit those redundancies which may otherwise have occurred.”

 

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