Following the briefing by Prime Minister Boris Johnson yesterday (Monday 25, 2020) in which it was announced that from the June 15, all non-essential retailers will be able to reopen in England, changes to the pre-existing furlough scheme set out by Chancellor Rishi Sunak are also set to be implemented.
These changes, according a report published by The Times, will require businesses to cover 20% to 30% of furloughed employees’ wages from August – a measure that the Government has stated will help to reduce the ‘vast burden’ of the coronavirus crisis on the country’s financial system.
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