Hi all, During the chancellor’s update ...
Hi all,
During the chancellor’s update today (12th May 2020), it was confirmed that the Coronavirus Job Retention Scheme will continue until the end of October 2020. Until this time, the scheme will continue to fund 80% of employee’s wages.
From August until October there will be a greater flexibility of the scheme which may allow employers to bring furloughed employees back on a part time basis.
Further information will be announced by the Government at the end of the month, so we will be able to follow this up with more detail then.
Thanks, and hope you're all well.
Best,
Paul
Fourth
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