17 April 2020
Furlough scheme extended to the end of June
Chancellor Rishi Sunak has announced that the furlough scheme for employees at companies affected by the COVID-19 pandemic, has been extended by a month until the end of June 2020. He said he has made the decision after social distancing measures were extended for a further three weeks. He added:
“It is the right decision to extend the furlough scheme for a month to the end of June to provide clarity.
“It is vital for people’s livelihoods that the UK economy gets up and running again when it is safe to do so, and I will continue to review the scheme so it is supporting our recovery.”
The Coronavirus Job Retention Scheme, which allows businesses to furlough employees with the government paying grants of 80% of their wages up to a maximum of £2,500, was originally open for three months and backdated from the 1 March to the end of May.
The requirements for the Coronavirus Job Retention Scheme are being updated on a regular basis. For the most up to date advice please contact the employment team on 01753 889995 or email firstname.lastname@example.org.