The UK government’s Coronavirus Job Retention Scheme will be extended by a further four months until the end of October, the Chancellor Rishi Sunak has announced. It will continue to apply across all regions and sectors in the UK economy.
- Furloughed workers across UK will continue to receive 80% of their current salary, up to £2,500
- The scheme will continue in its current form until the end of July
- New flexibility will be introduced from August to get employees back to work. Furloughed workers will be able to return to work part-time with employers being asked to pay a percentage towards the salaries of their furloughed staff.
For further information please visit the GOV.UK website.
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Posted on: Wednesday 13th May 2020