Extension Of Furlough Scheme Beyond October, Manufacturers Warn Of Second Wave Of Job Cuts Without Furlough Extension Cityam

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Will furlough be extended past october.

Government organization in canada. But the furlough scheme is due to wind down in october prompting many to wonder if it will be extended. The labour party and industry leaders have called on the government to extend the furlough scheme beyond october or risk a second wave of job losses across the uk. Will the furlough scheme be extended past october.

This is in addition to billions of pounds in tax deferrals. Prime minister boris johnson has ruled out extending the furlough scheme with it set to end on october 31. The furlough scheme introduced by chancellor rishi sunak has helped millions of people in the uk.

The scheme saved millions of jobs in the uk as the country entered a challenging and unprecedented event. The governments coronavirus job retention scheme will remain open until the end of october the chancellor announced today tuesday 12 may 2020. The travel industry for example is still directly affected by decisions the government is making in regard to travel restrictions and quarantine which is preventing us from trading properly.

Under the jrs extension employees on furlough will continue to receive 80 of their salaries up to 2500 per month if their employer has been made to shut down. Will furlough be extended beyond october. He added that the job retention bonus a 1000 one off payment to firms that had retained previously furloughed staff until the end of january 2021 would be scrapped for now and replaced with a new retention incentive that would.

Consider extending the furlough scheme for those industries still being affected. Petition extend furlough beyond october for the travel industry. In total the scheme has thus.

The furlough scheme protected over nine million jobs across the uk and self employed people have received over 13 billion in support. Chancellor rishi sunak is set to further extend the job retention scheme jrs to all businesses that remain shut beyond 2 december. As it stand the government has given no indication the scheme will last past october.

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