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New government furlough scheme. Furlough payments will be extended at 80 percent for the duration of englands second lockdown. Under the terms of the extension the government will pay 80 of a workers salary while the employer will have to meet the cost of national insurance payments and pension contributions. The scheme was due to end on october 31 but will now run throughout november as b.
The governments coronavirus job retention scheme will remain open until the end of october the chancellor announced today tuesday 12 may 2020. Furlough payments will be extended at 80 percent for the duration of englands second lockdown. In a last minute change of plan however the prime minister announced that the furlough scheme is to be extended having previously resisted calls for such an extension.
People will receive 80 percent of their current. Boris johnson confirms furlough scheme extension 80 of wages paid in second lockdown a furlough extension will be put in place boris johnson announced tonight in the coronavirus press conference. People will receive 80 percent of their current salary up to a maximum of 2500 of hours not worked to coincide with the easing of restrictions and a return to the tiered system.
The government has extended the furlough scheme meaning workers can get 80 of their salary paid through lockdown. The coronavirus job retention scheme or furlough scheme was originally planned to end on 31 october 2020 with the replacement job support scheme jss set to launch immediately on 1 november 2020. The extension of the furlough until the spring shows that the tories have absolutely no confidence that their lockdown measures will bring down the virus.
Job retention scheme had been due to close at end of october. The scheme ought to pay 100 percent of wages. So far the furlough scheme has cost the exchequer almost 40bn since its launch in march.
However hm treasury will now extend the furlough scheme until december when it will be replaced by the job support scheme.
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