Coronavirus | Chancellor extends UK furlough scheme by four months
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Summary
- Funding for the furlough job scheme will come from tax money until the end of July.
- This scheme is expected to cost tens of billions.
- The furlough scheme will be extended until the end of October 2020.
- From August employers will be able to bring back staff part-time.
- Sunak said that there would be no “cliff-edge” end to the scheme.
Coronavirus | Chancellor extends UK furlough scheme by four months
HR Grapevine
Updated at 15:55pm: The BBC has reported that funding for the furlough job scheme will come from tax money until the end of July when new arrangements will be put in place. In addition, the Economics...
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