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The furlough scheme has been wound down over the past two months with the state providing 70 of wages in september and 60 in october.
Government is sus meme. The flexible furlough scheme has also been extended. Under the coronavirus jobs retention scheme. Although chancellor rishi sunak has announced another stage of measures to support workers and firms the end of the furlough scheme is expected to have a notable effect.
So far the furlough scheme has cost the exchequer almost 40bn since its launch in march. The government will lower its contribution again from october 1 before the scheme finishes completely at the end o. 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 furlough scheme was first introduced in march in a bid to help people unable to work throughout the coronavirus pandemic and prevent mass redundancies. The governments furlough scheme to support workers whose jobs have been impacted by coronavirus is coming to a close after seven months. Between march and july the government paid for 80 of furloughed workers wages up to 2500 a month and it also covered employers national insurance ni and.
The scheme has been gradually scaled back each month and was due to come to an end beginning in november. But what are the new rules and what does it mean for the new job support scheme. The furlough scheme was due to come to an end today however boris johsons announcement that england is to move into a month long lockdown has got some worried about what the future holds.
Furlough rules are changing again next week as the scheme enters its final month. 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. The number of people on furlough has fallen from a peak in may of 9 million to about 3 million in september.
The latest figures from hmrc have shown 96 million jobs. 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.
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