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The furlough scheme is also known as the job retention scheme.
What is the government furlough program. Will furlough be extended beyond october. This article was originally published on 20 march 2020 when the chancellor announced the coronavirus job retention scheme. The governments coronavirus job retention scheme will remain open until the end of october the chancellor announced today tuesday 12 may 2020.
The government announced an extension of the furlough scheme on friday 29th may 2020. The furlough scheme protected over nine million jobs across the uk and self employed people have received over 13 billion in support. Published on friday october 9 2020 chancellor poised to unveil extension to furlough scheme.
The scheme which was designed to support businesses amid wide reaching lockdowns had been due to end yesterday 31 october and be replaced by the job. Subsequent extensions now mean that the furlough scheme is available in november 2020. It was last updated on 31 october 2020 to reflect the extension of the furlough scheme following the announcement of a new national lockdown.
For the latest rules on the november furlough extension see our updated blog. 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. Additional reporting by kim kaveh.
This is in addition to billions of pounds in tax deferrals. 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. Chancellor extends furlough scheme until.
Job retention scheme had been due to close at end of october. Halloween was truly a nightmare for many accountants as the governments announcement of englands new month long lockdown came just as the nation was settling down to enjoy the second live show of. The furlough scheme introduced by chancellor rishi sunak has helped millions of people in the uk.
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