The Chancellor has TODAY announced that the job retention (furlough) scheme will be extended until the end of October.
🗓Until the end of July, there will be no changes to the scheme whatsoever.
💷From August to October the scheme will continue, for all sectors and regions of the UK, but with greater flexibility to support the transition back to work.
👷♂️Employers currently using the scheme will be able to bring furloughed employees back part-time.
⌚️At that time the government will ask employers to start sharing, with the government, the costs of paying people’s salaries.
📅Further detail will follow by the end of May but the Chancellor is assuring people that one thing won’t change👇
“Workers will, through the combined efforts of government and employers, continue to receive the same level of support as they do now, at 80% of their salary, up to £2,500.”