Chancellor says extra time will help cushion economic blow, with budget set for 3 March
Rishi Sunak is to extend the furlough scheme for an additional month and has said the government will hold a budget on 3 March to outline the next stage of its response to the coronavirus pandemic.
The chancellor said the flagship wage subsidy scheme would be extended until the end of April, in the latest rapid policy change designed to cushion the growing economic blow from the second Covid wave.
