U.K. Jobs Supported by Government Rise to 12.1 Million

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The number of jobs supported by the U.K. government’s pandemic support rose to 12.1 million last week, even as more shops and restaurants reopened.

The furlough program, which currently pays 80% of a worker’s wage, is due to begin to wind down from August, with employers gradually taking on more of the burden.

Separate data showed the the government aid for firms rose further across its three lending programs.

PlanUsageCost (Pounds)
Coronavirus Job Retention Scheme9.4 million jobs28.7 billion
Self-employment Income Support2.7 million claims7.8 billion
Bounce Back Loan Scheme

1,047,611

loans
31.7 billion
Coronavirus Business Interruption Loan Scheme

55,538

loans
11.85 billion
Coronavirus Large Business Interruption Loan Scheme412 loans2.73 billion

©2020 Bloomberg L.P.

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