Furlough ‘must be extended’ to avoid mass unemployment, say MPs

Furlough ‘must be extended’ to avoid mass unemployment, say MPs

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The UK government should consider a targeted extension of its furlough scheme, MPs have said.

The coronavirus crisis risks mass long-term unemployment and viable firms could go under without support, the Treasury Select Committee has warned.

However, a blanket retention of the scheme would not be good value for money, it added.

The Treasury said it would…

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