Job Retention Scheme – Updates

Chancellor has extended Coronavirus Job Retention Scheme to end of June to reflect continuing social distancing measures.

More details at this link.

The Coronavirus Job Retention Scheme is live

The Government’s Job Retention Scheme, designed to stop permanent mass redundancies, help prevent unemployment and support businesses battered by the coronavirus pandemic, has gone live. The Government’s furlough scheme will help pay people’s wages with businesses able to pay their employees 80% of their regular monthly salary or £2,500 a month, whichever is lower, and then reclaim that sum from the Government. How to apply? Here is the link to the Government website.