The Treasury is being urged by Liberal Democrat MP Layla Moran to announce the extension of the Coronavirus Job Retention Scheme beyond May, to prevent a fresh wave of redundancies at the end of April.
Update: Successful - the Chancellor has now extended the Furlough scheme to the end of June
Lib Dem MP Layla Moran commented:
"This scheme has proved a vital lifeline to businesses and employees.
"Given the scale of the crisis, the Government must extend the scheme for a further three months, with a commitment to keep it going for as long as it's needed.
"Millions of staff are facing the prospect of receiving redundancy notices along with their pay-packets in the next two weeks, unless the Government act.
“I'm urging them to extend the scheme now; people’s livelihoods and the economy are on the line.”