New Furlough Scheme After October, Chancellor Extends The Furlough Scheme Until The End Of October Dyke Yaxley Shrewsbury
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Chancellor rishi sunak has announced the launch of a new job support scheme just months after he said that furlough will not be extended after it ends on october 31.
Furlough scotland news. The chancellors new measures were mainly aimed at avoiding a wave of redundancies and bankruptcies at the end of october when the current furlough scheme ends. Workers still received 80 of their. The current furlough.
The furlough scheme will then finish on october 31. Hours before the furlough scheme was due to end the government announced it would be extended until december to cover a further lockdown in england. Chancellor extends furlough scheme until october.
Scheme extended as england enters second lockdown. The job retention scheme was set to be replaced with the job support scheme but it has now been extended. The government covered the cost of employers national insurance and pension contributions from march to july but bosses had to start paying.
The coronavirus job retention scheme cjrs better known as the furlough scheme will be extended for another month following the announcement of a new national lockdown. The number of people on furlough has fallen from a peak in may of 9 million to about 3 million in september. After being gradually scaled back since the start of july the furlough scheme included a 20 employer contribution and 60 from the government in october.
New furlough scheme october 2020. The furlough scheme will effectively close on october 31 when it will be replaced by a new job support scheme for part time workers. So far the furlough scheme has cost the exchequer almost 40bn since its launch in march.
New statistics published today revealed the job retention scheme has protected 75 million workers and almost 1 million businesses.
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