UK extends COVID job retention scheme by four months
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LONDON (Reuters) - British finance minister Rishi Sunak extended the government's job retention scheme - the costly centrepiece of its attempts to mitigate the coronavirus hit to the economy - by a further four months until the end of October.Sunak told parliament on Tuesday that there would be no changes to the scheme, which currently pays 80% of the wages of workers who are temporarily laid off, until the end of July.He said 7.5 million jobs were now covered by the scheme.From August, the..