Industry awaits Sunak's job protection plans

"I will update the House of Commons on our plans to continue protecting jobs throughout the winter," he said in a tweet last night.

The BBC reports he is understood to be looking at options including a salary top-up scheme, similar to those already operating in France and Germany.

It comes as the Treasury announced there would be no budget this autumn.

"Now is not the right time to outline long-term plans - people want to see us focused on the here and now," it said in a statement.

It will instead launch a "Winter Economy Plan" after MPs and unions warned of the risk of a "tsunami" of job losses.

He is due to appear in the House of Commons at around 11.45am today.

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