Bank of England survey shows furlough numbers falling, Brexit worries

FAN Editor
FILE PHOTO: The spread of the coronavirus disease (COVID-19) in London
FILE PHOTO: A security officer stands outside the Bank of England, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 23, 2020. REUTERS/Toby Melville

October 1, 2020

LONDON (Reuters) – A monthly Bank of England business survey showed the proportion of British employees still on furlough in September had dropped to 7% from 12% in August and a peak of 36% in April, ahead of the government programme’s closure at the end of October.

However, firms said they expected a recent recovery in demand to stall over the next three months, and reported the highest level of anxiety over Brexit since December last year.

(Reporting by David Milliken; Editing by Alison Williams)

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