employers will only be asked to pay national insurance and employer pension contributions, which forge claim, account for just 5% of total employment costs. by september, employers will have had the opportunity to make any necessary changes to the workplaces and business practices. only then, in the final two months of this eight month scheme, will we ask employers to start paying towards the wages of people. in september, taxpayers will pay 70% of the furlough ground with employers contributing 10%. in october, taxpayers will pay 60% and employers will contribute 10%. then after eight months, of this extraordinary intervention of the government stepping in to help pay wages, the scheme will close. the biggest request i have heard from businesses, large and small, right across our country, is to have the flexibility to decide what is right for them. so, to protectjobs, and help businesses decide how quickly to bring their workforce back, we are introducing a new, more flexible furlough. this is a critical part of our plan to kick—start the economy. the financial security of the furlo

week the cost to business will be about 25% of the wage bill and they will also have to pay national insuranceontributions on top of that. now, what i am hearing from business groups this evening and unions is there is some concern that this could lead tojob there is some concern that this could lead to job losses because in august when they will be expected to pay, they may not be up and running as they were. but the government is ina as they were. but the government is in a difficult position. it has got to unwind the scheme gently aware of the cost of the public purse without creating any sort of cliff edge that

employers will only be asked to pay national insurance and employer pension contributions which, foremployers would have had the opportunity to make any necessary changes to their workplaces and business practices. only then, in the final two months of this eight month scheme will be ask employers to start paying towards peoples wages. in september taxpayers will pay 70% of the furlough ground with employers contributing 10%. in october taxpayers will pay 60% and employers will contribute 20%. then, after eight months of this extraordinary intervention of the government stepping in to help pay peoples wages the scheme will close. the chancellor rishi sunak talking about the changes he will make to hisjob retention about the changes he will make to his job retention scheme. about the changes he will make to hisjob retention scheme. there was a lot of detail in what he announced this afternoon so let's go through some of it. first the chancellor announced the daily death figures. a further 324 people have died with covid—19 in the past day. which ta kes covid—19 in the past day. which

employers will have to contribute towards pensions and national insurance from august.r, they will need to pay 10% of wages rising to around 20%, before the scheme runs out at the end of october. the programme currently supports more than 8.5 million workers, with the chancellor also pledging to extend support for the 2.5 million self—employed who now receive grants through to august. the estimated cost of both schemes stands in the region of £100 billion. 0ur economics editor faisal islam has the latest. when the pubs don't open, neither do the brewers, and so the government's job scheme has helped hugely keep 8.5 million workers on payrolls, on tap effectively, including here at wild card breweries. but any change to that generosity might push some over the edge. it wouldn't be viable for us for the furlough scheme to diminish and us to contribute more if we don't have clarity as to what is going on because at the end of the day, if a bar is closed and there is no money coming in, how are you supposed to financially contribute to that scheme? that is simply going to m

income tax and national insurance was down, corporation tax reve nu es insurance was down, corporationons. in the same month, huge rises in spending, £14 billion spent paying the wages of millions of workers under thejobs paying the wages of millions of workers under the jobs retention scheme. £7 billion extra in public spending, mainly health, things like buying protective equipment. 1 billion extra on benefits and universal credit. add all of that together, and annual public borrowing is heading above £300 billion. that's15% of the value of the entire economy, not seen in peacetime since the end of the second world war. so debts are mounting like never before but the cost of funding them also tumbling like never before. at one point this week the debt management office, paying tomorrow rather than paying to borrow. it will not last forever but the government has spaced the delay, taking the toughest tax and spend decisions. a plane with 99 people on board has crashed into a residential area in the pakistani city of karachi, minutes before it was due to land. the airbus a320 was enrou

the chancellor, rishi sunak, said national insurance and pension contributions would need to be met firsteing paid by employers in the following two months. the scheme will finish at the end of october. more than 8 million people are currently receiving most of their pay from the british government. 0ur economics editor, faisal islam has the latest. when the pubs don't open, neither do the brewers, and so the government's job scheme has helped hugely keep 8.5 million workers on payrolls, on tap effectively, including here at wild card breweries. but any change to that generosity might push some over the edge. it wouldn't be viable for us for the furlough scheme to diminish and us to contribute more if we don't have clarity as to what is going on because at the end of the day, if a bar is closed and there is no money coming in, how are you supposed to financially contribute to that scheme? that is simply going to mean lots and lots of people out of work. at least those 8.5 million workers will now continue to get the bulk of their wages paid for by the taxpayer. injuly, this can now be on

they pay corporation tax, business rates, and wages to staff mean income tax and national insurance.emic, just online orders. instead of adding to the treasury coffers, many staff wages have been paid by the taxpayer. times this by a few million and you get massive and historic levels of public borrowing. here at the treasury, the money coming in is slumping, the spending going out is surging. it always happens during a recession but never quite like this. last month, the difference between the two, borrowing or the deficit, was at £62 billion for april, a record — and more in one month than had been planned at the budget for the entire year. but that doesn't include everything. the entire cash requirement of government was £88 billion in april — again, a record. and you can see why by looking at how taxes coming in have fallen off a cliff. vat receipts were down on last april, partly due to a policy of delaying payments. income tax and national insurance was down, corporation tax revenues and stamp duty also down billions. in the same month, huge rises in spending — £14 billion spen

and so with the national health insurance card, you can pick up your mask and you pay 20 cents per mask. >> and when you say national health insurance, that means health insurance for everybody, everybody's covered in the nation? >> correct. correct. >> okay. so, as we start to reopen, then, share with us how taiwan has been doing things, like the things we're about to start doing. we just talked to a restaurant that's starting dine h-in, so, talk about dine-in. what are restaurants doing to keep their employees and customers safe? >> sure. so, all the employees need to have their temperature checked and then if they have any symptoms, they can't come to work. if they have, you know, even coughing, sore throat, sneezing, fever, then should stay home. and so every day, employees show up to work, they will have their temperature taken. the tables, half the tables are removed. and so that keeps social distancing between one table to another. some restaurants also use dividers and so these are sort of transparent dividers so you can still see each other, but it prevents, sort of, you know,

of paid family and medical leave for most workers it creates an independent self-sustaining national insurance fund by having employees and employers pitching together with payroll contributions of $0.02 for every $10.00 in wages it has equivalent to less than $2.00. per week for a typical worker it's workable and you know why it's workable california new york new jersey 8 states plus the district of columbia move in this direction and it is working. so why do you think we still don't have federal paid family leave when we 1st had family medical leave the view was that this was not sustainable business community couldn't do this it would put them out of business that was hard. today recognized as something that is important it's growing and no one will not have been because of it and that's the argument we get today on page family. polls show that most americans across the political spectrum support the idea of paid family and medical leave but many republican lawmakers don't think the government should mandated companies are competing for workers and voluntarily expanding benefits for their e

income tax and national insurance was down. rises in spending, too, £1a billion spent paying the wages of millions of workers under the jobs retention scheme, £7 billion extra in public spending, mainly health — things like buying protective equipment — a billion extra on benefits and universal credit. add all of that together, and annual public borrowing is heading above £300 billion. that's15% of the value of the entire economy, not seen in peacetime, not since the end of the second world war. so debts are mounting like never before, but the cost of funding them also tumbling like never before. at one point this week, the debt management office, which borrows these record amounts, borrowing billions at negative rates — being paid to borrow rather than paying to borrow. it won't last forever, but for now, the government has spaced the delay, taking the toughest tax and spend decisions. faisal islam, bbc news. after two months of empty casino tables and silent slot machines, the bright lights of las vegas are starting to flicke

contribution to people's wages will stay at 80 percent employers will only be asked to pay national insurance and employer pension contributions which for the average claim account for just 5 percent of total employment costs. by september employers will have had the opportunity to make any necessary changes to their workplaces and business practices only then in the final 2 months of this 8 months scheme where we ask employers to start paying towards people's wages in september taxpayers will pay 70 percent of the furlough grant with employers contributing 10 percent in october taxpayers will pay 60 percent and employers will contribute 20 percent. then after 8 months of this extraordinary intervention of the government stepping in to help a people's wages this scheme will close the biggest request i've heard from businesses large and small right across our country is to have the flexibility to decide what is right for them so to protect jobs and help businesses decide how quickly to bring their workforce back we are introducing a new more flexible furlough this is a critical part of our pla

and again from the standpoint of us interests us national insurance we don't need to be falling over ourselves to accommodate policies with which we disagree we need to have a complex multifaceted relationship that includes accountability for things we disagree with partnership when partnership is appropriate in terms of our interests but not a kind of all school autopilot which is what often i feel we bring to not just our relationship but other nation ships in the midst. finally ambassador you have a most compelling biography born in dublin immigrant to the us war correspondent academic human rights activists professor a government official cabinet member and ambassador what is next for samantha power many of talked of you as possibly serving in a joe biden administration if he wins in november as election some of even said you could be the next secretary of state. what is next is doing everything in my power whatever the limits of those powers are to test those limits to get joe biden elected i think i would be honored to serve again in some fashion and i think after this presiden

businesses will be asked to pay a quarter of the wage bill of temporary workers as well as the national insurance to hear businesses will be able to take on furloughed workers ona able to take on furloughed workers on a part—time basis as they'd be nothing to do for a while so the chancellor gently unravelling i think this extremely important and successful but ultimately extremely expensive scheme. prescott, many thanks. travellers heading to france from the uk will have to self—isolate for 14 days from 8th june according to the french government. it comes after home secretary priti patel revealed quarantine plans for most visitors to the uk from the same date. france said it would impose reciprocal measures for any european country enforcing a quarantine. spain's prime minister has announced that overseas visitors will be able to come to the country from july. spain, which has had one of the toughest lockdowns in europe, has been in a state of emergency since mid—march. spain's football's top division, la liga, will also resume behind closed doors from june 8th. the channel island of guernsey h

employers will have to contribute towards pensions and national insurance from august.need to pay 10% of wages rising to around 20%, before the scheme runs out at the end of october. the programme currently supports more than 8.5 million workers, with the chancellor also pledging to extend support for the 2.5 million self employed who now receive grants, through to august. the estimated cost of both schemes stands in the region of £100 billion. our economics editor faisal islam has the latest. when the pub don't open, neither the burros. ——brewers the government wasn't new scheme has helped keep eight and a half million any change to that generosity might push some over the edge. it wouldn't be enough for us for the scheme to diminish and us to contribute more if we don't have clarity as to what is going on, because at the end of the day, if our bars close and there is no money coming in, how are we supposed to financially contribute to that? that willjust mean lots and lots of people out of work. at least those eight and a half million workers will now continue to get

he said that, from august, employers will have to pay national insurance and pension contributions.t will this have on employers and small businesses? we can speak now to alan price who is ceo of bright hr, a software and hr advisory business based in manchester. what is your view of these announcements, what impact will they have? like a lot of the chancellor's announcements the devil is in the detail. with this in its region not yet have the full details of the furlough scheme. we have some basic details, we will get more on the 12th ofjune. there is a lot of guidance for small businesses and they are not sure how to navigate it. we have heard a lot in the past 24 hours or so about the impact on the hospitality sector because it is possibly going to be the very last to be allowed to reopen again and that raises the question of what on earth employers are going to use to pay their staff with, august, september, october, thereafter? that isa september, october, thereafter? that is a challenge. businesses we are speaking to in that sector do not plan to reopen until later in the year

in august firms will have to pay national insurance and pensions, about 5% on average, and in septemberion will go down to 70% and then 60% in october. a further 2.5 million self—employed workers will be eligible for a slightly less generous grant representing 70% of income over three months. the car industry today revealed a 99.7% slump in sales in april, one reason by the total cost of both of these unprecedented schemes is heading towards £100 billion, we have essentially borrowed money. the chancellor says it is still value for money. first of all, in aggregate the scheme is very generous. eight months is a long time to have the support. if you look at the employer contribution it will amount to the employer making a 596 will amount to the employer making a 5% contribution. the will amount to the employer making a 596 contribution. the opposition says it is taking risks with unemployment. some sectors like hospitality look like they could be locked down for quite a long time. they are not going to necessarily have the cash flow to have employers paying in to support staff so this co

in august, the government will continue to pay 80% of salary but firms will have to pay national insurance 5% on average. then in september, the taxpayer contribution will go down to 70%, and then 60% in october. a further 2.5 million self—employed workers at least will be eligible for a slightly less generous grant, representing 70% of wages over three months, capped at £6,500. the car industry today revealed a 99.7% slump in sales in april. that is one reason why the total cost of both these unprecedented schemes is heading towards £100 billion of essentially borrowed money, about the same as is spent over that eight—month period as on the nhs. but the chancellor says it is still value for money. first of all, in aggregate, the scheme is i think very generous. eight months is a long time to have the support. if you look at the total employer contribution over that entire period on a typical employee, average employee on the scheme, it will amount to the employer making a 5% contribution. the opposition says it is taking risks with unemployment. some sectors like, for example, hospitality

week the cost to business will be about 25% of the wage bill and they will also have to pay national insuranceat i am hearing from business groups this evening and unions is there is some concern that this could lead tojob there is some concern that this could lead to job losses because in august when they will be expected to pay, they may not be up and running as they were. but the government is ina as they were. but the government is in a difficult position. it has got to unwind the scheme gently aware of the cost of the public purse without creating any sort of cliff edge that could lead tojob creating any sort of cliff edge that could lead to job losses. katie, many thanks. let's take a look at some of today's other news. people travelling to france from the uk will have to self—isolate for 14 days from june 8th, according to the french government. it comes after the home secretary, priti patel, announced quarantine plans for most visitors to the uk from the same date. france said it would impose reciprocal measures for any european country enforcing a quarantine. spain's prime minister ha

insurance. today, it's more than 156 million, including the spouses and children of some workers. so what other options do americans have? the us does not have a nationale have a patchwork of different types of insurance policies and that includes employment—based. then you have public sources of coverage. public sources of coverage are based on eligibility. that can come in the form of medicaid for children and low income families or medicare for people older than 65. if you don't meet either of these requirements, have no insurance through an employer and can't afford your own insurance, well, you're out of luck, like susan and millions of working—class families. it's a scary thing because i'm at high—risk for having a recurring case of cancer. the fact that my follow—up appointments for my cancer treatment are now potentially gone because i don't have a job is insane to me. it doesn't make sense. one country that seems to have got its testing strategy right to bring the coronavirus pandemic under control is south korea. back injanuary and february, it had one of the world's largest outbreaks of the virus, but it turned things around through widespre

richie steele announced that businesses will be asked to fund national insurance and employee pension. by september employers will pay 10% of wages rising to 20% in october. he also said the self—employed will be eligible for a final grant in august. covering 70% of the applicants monthly trading profits. we will speak now that they equity —— speak now to the shadow secretary. what did you make up the chancellor's announcement? for the peoples whose incomes are dependent on either of these schemes, the extension confirmation which we have been calling for will be welcome. but there are a couple of big problems coming down the track, the first is that the chancellor is applying a blanket requirement on businesses, albeit a phased requirement for businesses to contribute to the cost of the following scheme. which is in danger of actually adding to numbers of unemployment which we have already seen unemployment which we have already seen increasing in recent weeks for fairly obvious reasons. and then beyond that he has announced a cliff edge at the end of the scheme where whether you are

insurance. today, it's more than 156 million, including the spouses and children of some workers. the us does not have a nationalsystem. we have a patchwork of different types of insurance policies, and that includes... then we have public sources of cove rage. public sources of coverage are based on eligibility. that can come in the form of medicaid for children in low income families or medicare for people who who are older than 65. if you don't meet either of these requirements, have no insurance through an employer, and can't afford your own insurance, well, you're out of luck, like susan and millions of working class families. it's a scary thing, because i'm at high risk for having a recurring case of cancer. the fact that my follow—up appointments for my cancer treatment are now potentially gone because i don't have a job is insane to me. it doesn't make sense. staying in the us over the last two weeks, groups of people across the country have been protesting against restrictions in place to try to limit the spread of coronavirus. for many, it's about the economy, they say they need to get back to work. bu

contribution to people's wages will stay at 80 percent employers will only be asked to pay national insurance and employer pension contributions which for the average claim account for just 5 percent of total employment costs by september employers will have had the opportunity to make any necessary changes to their workplaces and business practices only then in the final 2 months of this 8 months scheme where we ask employers to start paying towards people's wages in september taxpayers will pay 70 percent of the furlough grant with employers contributing 10 percent in october taxpayers will pay 60 percent and employers will contribute 20 percent. so the chances of that really putting his neck on the line today of course he knows he will be judged quite harshly of how he as the chancellor of the treasury really deals with this crisis to try and alleviate the financial burdens of people across the u.k. so he's announcing no changes until august and then from that point onwards a staggered tapered approach to the scheme will close in october of course that will mean that the scheme has been up

also, the national health insurance system ensures anyone can access treatment which helped prevent the virus from spreading quickly. >> reporter: japan's low rate of virus testing compared to other countries has raised questions. but tateda says officials were tryiying to o prevent overwhelm the health care system. >> translator: hospitals have limited capacity. so if a lot of people with mild symptoms went to get tested, it could have led to a surge in hospital infections and collapsed the medical system. it is important to have hospitals focused on people who are in serious condition. >> reporter: tateda says the focus now is on what happens if there's a second wave of infection. cases in china and south korea have rebounded after they eased restrictions and reopened their economy. >> translator: we have to figure outt how to prevent more infections while also reducing the damage to our economy. we also need to expand the way we test to prevent clusters within japan. and prevent the virus from coming inn from abroad. >> reporter: tateda warns that even though the number of cases is d

of paid family and medical leave for most workers it creates an independent self-sustaining national insurance fund by having employees and employers pichon together with payroll contributions of true cents for every $10.00 in wages it has equivalent to less than $2.00. per week for a typical worker it's workable and you know why it's workable california new york new jersey 8 states plus the district of columbia moved in this direction and it is working. so why do you think we still don't have federal paid family leave when we 1st the family medical leave the view was that this was not sustainable business community couldn't do this it would put them out of business that was hard. today recognized as something that is important it's growing and no one will not have been because of it and that's the argument we get today on page family. polls show that most americans across the political spectrum support the idea of paid family and medical leave but many republican lawmakers don't think the government should mandated companies are competing for workers and voluntarily expanding benefits for the

employers will have to contribute towards pensions and national insurance from august.ptember, they will need to pay 10% of wages, rising to around play percent before the scheme runs out at the end of october. the programme supports more than eight and a half million workers. the chancellor also pledged to do it extend support for the two and half million self—employed who now receive grants to august. the estimated cost of those schemes stands in the region of £100 billion. faisal islam has the latest. when the pub don't open, neither the burros. the government wasn't new scheme has helped keep eight and a half any change to that generosity might push some over the edge. it wouldn't be enough for us for the scheme to diminish and us to contribute more if we don't have clarity as to what is going on, because at the end of the day, if our bars close and there is no money coming in, how are we supposed to financially contribute to that? that willjust mean lots and lots of people out of work. at least those eight and a half million workers will now continue to get the bul

been having a tough time because people thought they weren't going to do well like lincoln national, an insurerey went up. then you have companies like lyft who everyone knows is not doing well but seems to have a plan for when the economy reopens, and they went up double digits. and so the earnings don't really seem to matter. but in some ways they're also telling us about some of the things about the future. when you look at the earnings that have been doing the best, the sector is the health care sector. biggest gains on the day of the earnings release, and that, i think, makes sense. this is a sector we've talked about that we like that we just think is going to be really made for this kind of market experiencing that we're going to have. jack: jack, you had a thought? >> i never like to pass up an opportunity to argue with ben, but i've got to say when you say that investors are forward-looking, i'm wondering how much forward are they looking from now? stocks are expensive relative to last year's record earnings. we're not going to be back there, i think, for at least a couple of years. lo

employer—sponsored health insurance and today, it is more than 150 60 million, including spouses and children of workers. so what other options to americans have? the us does not have a nationalnce policies and that includes public sources of coverage, and these are based upon eligibility. lacking is medicare for people older than 65 in coverage for children. if you only have these requirements, have insurance from an employer and cannot afford your own insurance or you are out of luck, like season and millions of working—class families. season and millions of working-class families. it is a scary thing because i am high risk of having a recurring case of cancer and the fact that my follow—up appointments for michelangelo treatments are now — for my cancer treatments in now potentially gone because i do not have a job is insane. it does make sense. bollywood actor rishi kapoor has died in mumbai. he was 67 and had been diagnosed with cancer. singing. he was one of indian cinema's most popular actors and worked in around 150 movies. the indian prime minister, narendra modi, called him "a powerhouse of talent" who was multi—faceted, endearing and lively. just a few weeks ago, c

and the social safety net looks a little bit different in america than many other nations are unemployment insurance and stimulus checks enough for most americans who are out of work. well so far so good because the u.s. government extended the period for as long as you can get unemployment aid to got increased by 13 weeks from 26 to 39 weeks old the big challenge actually will come later in fall also a lot of people are not paying their mortgages saw their rents but this money is not forgiven so the bill will come at some point in the future i also see it when i talk to people a lot of them have not gotten the full amount they were promised to to receive and some people haven't gotten anything at all so it really is pretty much also depends on the area on the states where there are vast differences as well but as i said so the big challenge will come and as of now a lot of people they can if needs to so why was this money coming from the government but those programs also will expire later i believe by the end of july and congress has already hinted that they might not extend some extra money that