Furlough Scheme Extension October, Job Retention Scheme Extended Until October
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The governments coronavirus job retention scheme will remain open until the end of october the chancellor announced today tuesday 12 may 2020.
Indian government hospital logo. 80 per cent of wages will be paid during lockdown boris johnson has announced. But the prime minister announced that it will keep running until december and the new job support scheme which had been scheduled to start on sunday 1 november has been postponed until the furlough scheme ends. The furlough scheme introduced by chancellor rishi sunak has helped millions of people in the uk.
This is in addition to billions of pounds in tax deferrals. This article was originally published on 20 march 2020 when the chancellor announced the coronavirus job retention scheme. Published on friday october 9 2020 chancellor poised to unveil extension to furlough scheme.
Job retention scheme had been due to close at end of october. The furlough scheme also known as the coronavirus job retention scheme has been extended for one month as the uk economy braces for a second lockdown in england due to start on thursday. The government has extended the furlough scheme meaning workers can get 80 of their salary paid through lockdown.
The furlough scheme was due to end at the end of october but with just hours to go before the schemes conclusion the government announced it would be extended until december as a new national. The furlough scheme protected over nine million jobs across the uk and self employed people have received over 13 billion in support. It was last updated on 31 october 2020 to reflect the extension of the furlough scheme following the announcement of a new national lockdown.
The scheme was due to end on october 31 but will now run throughout november as b. Additional reporting by kim kaveh. Chancellor extends furlough scheme until.
The chancellor is expected to announce an extension to the furlough scheme later today to provide a.
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