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World

Rishi Sunak's 'unprecedented' wage guarantee

21 March 2020

6:15 AM

21 March 2020

6:15 AM

When Chancellor Riski Sunak unleashed a colossal package for business earlier this week, with over £350bn in loans, grants and tax cuts, many thought he couldn’t top it. Today, he did. Shifting his focus from businesses to employees – especially thinking of those in the hospitality, leisure, retail and travel sectors – Sunak unveiled an extraordinary package, which will cover up to 80 per cent of all salaried workers’ wages (up to £2,500 per month, around the UK’s medium income).

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