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Coronavirus support | THIS many employees could be furloughed

THIS many employees could be furloughed

A new analysis by think tank the Resolution Foundation has predicted that over 11million workers could be furloughed under the Government’s new Coronavirus Job Retention Scheme (CJRS).

Under the scheme, employers will be able to apply for a grant from the HMRC to cover the wages of those not able to work due to office shutdowns but haven’t actually been let go from their roles.

This will cover 80% of the wages, which, in some cases, could amount to £2,500 per month.

News of the scheme came after Prime Minister Boris Johnson told cafes, pubs, restaurants, bars, nightclubs, cinemas and other public leisure facilities to close last month.

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