This is a surprise move to many. Although there was a general expectation that the scheme would be extended it was believed that the extension would be until the end of September and at a reduced rate of 60%.
The government has now announced that the scheme will be extended to the end of October and that the funding will continue to be at 80% and with the cap of £2,500.
However, from the beginning of August the scheme will change to enable people to start to undertake some part-time work for their employers whilst being furloughed. And at the same time the government "will ask employers to start sharing...the costs of paying people's salaries".
Further details and guidance to follow by the end of May.
CARBON LAW PARTNERS WEBINAR ON FURLOUGH, REDUNDANCY AND RETURNING TO WORK
There are many continuing issues in relation to furlough, the pressure to make redundancies and also how to address the issues of people returning to work following the government announcement on Sunday evening. Join our webinar at 2pm - 3pm on Wednesday 13 May 2020.
To join simply click on this link at the 2pm on Wednesday.
2/ From August to October the scheme will continue, for all sectors and regions of the UK, but with greater flexibility to support the transition back to work. Employers currently using the scheme will be able to bring furloughed employees back part-time.