Whoa! Averaging 66,000 Unique Weekly Readers! 

NI News

Tapering of furlough scheme premature – Murphy

1 Mins read
Finance Minister Conor Murphy
Finance Minister Conor Murphy

Finance Minister, Conor Murphy has said the announcement from Chancellor Rishi Sunak today that the British government’s tapering of the Job Retention Scheme is premature given our circumstances.

Minister Murphy said: “The economic priority during this public health crisis is to protect jobs and the effort that has gone into this to date has been commendable.

“The economic recovery is still in its infancy and it will be some time before businesses are back to their pre-pandemic trading level.

“While I welcome the extension of the self-employment scheme the tapering of the job retention scheme from August is premature. I am concerned it could lead to redundancies, particularly in the hardest hit industries such as hospitality, retail and leisure.

“I will be raising these issues with Treasury and stressing the need to protect jobs and livelihoods.”

11462 posts

About author
An article that is attributed to the Causeway Coast Community Team has either involved multiple authors, written by a contributor or the main body of content is from a press release. Got a news-related tip you’d like to see covered on Causeway Coast Community? Email us - [email protected]
Articles
Related posts
NI News

Covid-19 vaccinations arrive in Northern Ireland

1 Mins read
FacebookTwitterPinterestWhatsAppThe Health Minister has confirmed that the first batch of the Pfizer/BioNTech Covid-19 vaccine has arrived into Northern Ireland. The initial consignment…
NI News

Former Midwifery Student settles case against QUB for £20,000

2 Mins read
FacebookTwitterPinterestWhatsAppSarah Walker, a former midwifery student at Queen’s University Belfast, has settled a case against the University for £20,000. Sarah, who lives…
NI News

61 year old man convicted for a number of historical serious sexual offences against a young girl

1 Mins read
FacebookTwitterPinterestWhatsAppDetectives from the Police Service of Northern Ireland’s Public Protection Branch have welcomed the conviction of a 61 year old man for…

Leave a Reply

Your email address will not be published. Required fields are marked *