Coronavirus: Furlough scheme to be extended until the end of March 2021
The furlough job retention scheme has been extended until the end of March 2021, the Chancellor of the Exchequer has announced.
Rishi Sunak announced today, Thursday November 5, that the furlough scheme is to be extended until the end of March 2021, when it was due to end last month.
This is due to the UK’s second lockdown, which started mightnight last night, November 4, for four weeks which could affect businesses and jobs across the UK.
The Chancellor confirmed the payments would remain at 80% of people’s wages, with a review of the policy in January.
In the scheme employees receive four-fifths of their current salary, up to a maximum of £2,500 of hours not worked.
On the government website, the policy paper titled Extension of the Coronavirus Job Retention scheme states: “The CJRS (also known as the furlough scheme) will remain open until 31 March 2021.
“For claim periods running to January 2021, employees will receive 80% of their usual salary for hours not worked, up to a maximum of £2,500 per month.
- 1 Envar deny responsibility for county's fly invasion
- 2 'Loving, caring family man' dies in hospital weeks after A141 crash
- 3 Volunteers needed to support booster jabs programme
- 4 Appeal to Transport Secretary over Huntingdon Rail Station plan
- 5 Man jailed for historic sexual abuse 'convinced child victims it was normal behaviour'
- 6 'Plague' of flies in Huntingdonshire villages
- 7 Huntingdonshire parks awarded Green Flag status
- 8 Lisa Leader makes it to Germany for life prolonging treatment
- 9 Axe-wielding burglar smashed way into St Neots house
- 10 Man dies after single-car crash near Godmanchester
“The government will review the policy in January to decide whether economic circumstances are improving enough to ask employers to contribute more.”
“The £2,500 cap is proportional to the hours not worked.”