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Economic Development

Northern Ireland fin min calls on Treasury to reinstate furlough

Conor Murphy said the return of the job retention scheme would "help us support businesses and the public through this challenging period"

Northern Ireland Finance Minister Conor Murphy

Northern Ireland’s finance minister has called on the Treasury to reinstate furlough to allow businesses and employees to navigate the latest Covid-19 wave.

Conor Murphy was speaking as the number of people with the Omicron variant in Northern Ireland continues to climb.

The hospitality sector and others have been calling for government support as cancellations for the usually busy Christmas period grow.

Finance Minister, Conor Murphy has written to Treasury calling for additional funding and for the furlough scheme to be reinstated to deal with the increased challenges presented by Omicron.

The minister said he has written to Treasury to lay out the case for the return of the job retention scheme, which paid a percentage of employee wages in business hit hard by the Covid pandemic.

“The emergence of the new Omicron variant has significantly affected the economy with pressures being felt most acutely in the hospitality sector in the run up to Christmas,” he said. “I have stressed to Treasury that the Executive need to be able to respond quickly and flexibly to the emerging public health position.

“Having to wait to see what England’s response is in order to know what level of financial support is available here is an untenable position.”

He said the £75 million of additional funding already announced by the Treasury for Northern Ireland was welcome, but not enough.