Good to hear today that the Government has announced that the Job Retention Scheme will be extended for four months, 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 all 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 back furloughed employees part time. The Government will ask employers to start sharing, with the Government, the costs of paying people’s salaries.
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.
Further detail will follow by the end of May.