The week started with the last-minute reprieve of the Job Retention Scheme for November and ends with the scheme being extended through to March 2021. The Chancellor has announced that, for December and January, the scheme will continue to cover 80% of an employee’s current salary for hours not worked, up to a maximum of […]
The original Job Retention Scheme was due to end at midnight on 31st October to be replaced by the Job Support Scheme. In a dramatic development, literally hours before the deadline, the scheme has been extended to cover the period of the new national lockdown to December. In addition, the scheme is reverting to […]
Job Retention Scheme extended over the new national lockdown to December with the government covering up to 80% of an employee’s pay.
The Government has announced major changes to the Job Support Scheme. All the details are here.
COVID-19 – Business Support – Rishi Sunak Announces the Second Part of a Three-Phase Plan to Secure Economic Recovery
The Chancellor of the Exchequer, Rishi Sunak, has delivered his Summer Economic Update which contained a number of policy decisions intended to support the recovery from COVID-19. There were a number of flagship announcements. Under the Job Retention Bonus, the government will introduce a one-off payment of £1,000 to UK employers for every furloughed […]