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UK furlough scheme extended for four months

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The furlough scheme, part of the Coronavirus Job Retention Scheme, has been extended to October, Chancellor Rishi Sunak has announced.

Originally scheduled to end in June, the news will come as a huge relief for hospitality operators who were concerned about business survival if government support was to drop off.

Sunak, who is celebrating his 40th birthday today, explained how until the end of July there will be no changes, but detailed how there will be “greater flexibility” from then until the end of October.

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He says that “workers will continue to receive the same level of support”, at 80 per cent of their current salary, but the government will then ask businesses to start “sharing” the cost from August onwards.

Employers currently using the scheme would be able to bring furloughed employees back part-time.

This takes the furlough support scheme to eight months in total.

Sunak added that the government supported businesses and companies going into lockdown and will support them coming out.

THIS IS A BREAKING NEWS STORY AND WILL BE UPDATED

Tags : GovernmenthotelsRishi Sunak
Zoe Monk

The author Zoe Monk

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