Summer economic update: Sunak unveils employer return-to-work furlough bonus

Sunak made the announcement during his coronavirus economic update in the House of Commons today. Employees brought back from furlough must remain on the payroll until the new year and be paid at least £520. Sunak said: "This would be a £9bn policy to retain people in work. If you stand by your workers we will stand by you." The Chancellor announced a raft of job-focused plans to help boost the post-lockdown economy. These included tax changes, such as a pause on stamp duty, and policies to encourage companies to hire younger workers where the government pledged to give firms £2,00...