Employer contribution cuts could save three times more UK jobs, thinktank says

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New Economics Foundation estimates 2.7m roles at risk of redundancy despite new job support scheme

The government would save taxpayers’ money and 1.4 million people might keep their jobs if the wage subsidy for firms using the coronavirus short-time working scheme was increased, Rishi Sunak has been told.

The New Economics Foundation (NEF) said as many as 2.7 million people will be at risk of redundancy this winter when the government winds down the furlough scheme next week and replaces it with the job support scheme (JSS), the plan to protect people in “viable” jobs, which the chancellor announced last month.

Marston’s – 2,150 jobs
15 October: Marston’s  – the brewer which owns nearly 1,400 pubs, restaurants, cocktail bars and hotels across the UK – said it would cut 2,150 jobs due to fresh Covid restrictions. The company has more than 14,000 employees. 

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