{"id":76130,"date":"2020-05-13T08:50:04","date_gmt":"2020-05-13T07:50:04","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=76130"},"modified":"2020-05-13T08:50:04","modified_gmt":"2020-05-13T07:50:04","slug":"furlough-scheme-extended","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/furlough-scheme-extended\/76130\/","title":{"rendered":"Furlough scheme extended until October"},"content":{"rendered":"

The furlough scheme has been extended for a further four months until October, as workers will continue to receive 80% of their current salary<\/h2>\n

Chancellor Rishi Sunak<\/a> announced the furlough scheme extension, while also outlining support people to get back to work.<\/p>\n

From the start of August, furloughed workers<\/a> will be able to return to work part-time with employers being asked to pay a percentage towards the salaries of their furloughed staff.<\/p>\n

The employer payments will substitute the contribution the government is currently making, ensuring that staff continue to receive 80% of their salary, up to \u00a32,500 a month.<\/p>\n

Sunak said: \u201cOur Coronavirus Job Retention Scheme<\/a> has protected millions of jobs and businesses across the UK during the outbreak \u2013 and I\u2019ve been clear that I want to avoid a cliff edge and get people back to work in a measured way.<\/p>\n

\u201cThis extension and the changes we are making to the scheme will give flexibility to businesses while protecting the livelihoods of the British people and our future economic prospects.\u201d<\/p>\n

New statistics published yesterday (12 May) revealed the job retention scheme has protected 7.5 million workers and almost 1 million businesses.<\/p>\n

The furlough scheme will continue in its current form until the end of July and the changes to allow more flexibility will come in from the start of August.<\/p>\n

The government will explore ways through which furloughed workers who wish to do additional training or learn new skills are supported during this period.<\/p>\n

Recover from crisis<\/h3>\n

Mike Cherry, national chairman of the Federation of Small Businesses<\/a>, said: \u201cThe Job Retention Scheme is a lifeline which has been hugely beneficial in helping small employers keep their staff in work, and it\u2019s extension is welcome.<\/p>\n

\u201cSmall employers have told us that part-time furloughing will help them recover from this crisis and it is welcome that new flexibility is announced today [12 May].\u201d<\/p>\n

Dame Carolyn Fairbairn, CBI<\/a> director-general, said: \u201cThe chancellor is confronting a challenging balancing act deftly. As economic activity slowly speeds up, it\u2019s essential that support schemes adapt in parallel.<\/p>\n

\u201cExtending the furlough to avoid a June cliff-edge continues the significant efforts made already and will protect millions of jobs.<\/p>\n

\u201cIntroducing much needed flexibility is extremely welcome. It will prepare the ground for firms that are reawakening, while helping those who remain in hibernation. That\u2019s essential as the UK economy revives step-by-step, while supporting livelihoods.<\/p>\n

\u201cFirms will, of course, want more detail on how they will contribute to the scheme in the future and will work with government to get this right.<\/p>\n

\u201cAbove all, the path of the virus is unpredictable, and much change still lies ahead. The government must continue to keep a watchful eye on those industries and employees that remain at risk. All schemes will need to be kept under review to help minimise impacts on people\u2019s livelihoods and keep businesses thriving.<\/p>\n

\u201cThe greater the number of good businesses saved now, the easier it will be for the economy to recover.\u201d<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

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