10 July

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 […]

19 June

COVID-19 – Business Support – Flexible Furlough and the Road Ahead for the Coronavirus Job Retention Scheme

The last date to furlough an employee under the Coronavirus Job Retention Scheme has now passed but, from 1st July, employers can bring furloughed employees back to work for any amount of time and any work pattern, while still being able to claim the grant for the hours not worked. This option only applies to […]

30 May

COVID-19 – Business Support – Three Important Job Retention Scheme Updates – Flexible Furloughing to start from 1st July, the scheme to close to new entrants on 30th June and the employer to start to contribute from August

The Chancellor, Rishi Sunak, has announced three important updates to the Job Retention Scheme.   Firstly, the concept of flexible furloughing has been brought forward by a month to 1st July 2020.  This will enable businesses to bring furloughed employees back to work on a part-time basis.   It will be left for the individual […]

17 April

COVID-19 – Coronavirus Job Retention Scheme Extended To The End of June

Chancellor Rishi Sunak has just announced that the Coronavirus Job Retention Scheme will be available for another month until the end of June.  He has also kept the option to further extend the scheme if necessary. Mr Sunak said “With the extension of the coronavirus lockdown measures yesterday, it is the right decision to extend […]