Recent statistics have found that more than seven in ten UK firms have furloughed staff, according to a British Chambers of Commerce survey, with its Business Impact Tracker finding that 71% have made the decision to furlough employees – which is up from 66% last week.
Under Chancellor of the Exchequer Rishi Sunak’s Coronavirus Job Retention Scheme, firms can claim up to 80% of staff wages to a maximum of £2,500 in order to prevent layoffs and keep businesses financially afloat.
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