“This is a breakthrough. The Chancellor has shown real leadership. We’re glad he has listened to unions and taken vital steps to support working families.

“Large-scale wage subsidies are the best way to boost household finances and keep businesses running. And they’ll help our economy bounce back after this crisis.

“Employers across the economy can now be confident that they will be able to pay their wage bills. They must urgently reassure their staff that their jobs and livelihoods are safe.

“Unions will continue to work with business and government to protect jobs and livelihoods.”