Furlough for Longer – Coronavirus Job Retention Scheme Extended

Print Friendly, PDF & Email

Furlough for Longer – Coronavirus Job Retention Scheme Extended

Key Contact – Claire Knowles

Author – Adam Mcglynn

The government’s Coronavirus Job Retention Scheme (the Scheme) is being extended and will now last until 31 June 2020. The Chancellor of the Exchequer, Rishi Sunak, has today announced that the Scheme’s end date will be postponed to reflect the government’s recent announcement of an extended period of social distancing measures.

The Scheme allows businesses to preserve their employment relationships by reimbursing wage costs of employees placed on furlough leave. The government have previously announced that grants payable under the Scheme can be backdated from the 1 March 2020 which now allows for a maximum entitlement period of four months instead of three.

As part of the announcement Rishi Sunak claimed that the Scheme has controlled the virus’ impact on employment so far and that this extension will continue to protect millions of jobs during the ongoing crisis. The Scheme will continue to be monitored to bring it to an end as soon as possible for the benefit of the country’s economy without jeopardising health and safety.

For more information, please contact our employment team.

Claire Knowles – Partner

Mark Alaszewski – Associate

Rebecca Mahon – Solicitor

Adam McGlynn – Trainee Solicitor

Recent Posts

Alternative dispute resolution illustration of a handshake in front of a tick symbol
What is Alternative Dispute Resolution (ADR)?
April 17, 2025
Buying or selling a dental practice illustration
Buying or Selling a Dental Practice: Common Questions and Answers
April 17, 2025
Woman and Man icons
Landmark Judgment: The Legal Definition of “Woman”
April 16, 2025
The Cyber Security and Resilience Bill
April 9, 2025
Happy customer gives 5 stars to illustrate Competition and Markets Authority will directly enforce consumer protection laws
Competition and Markets Authority Will Directly Enforce Consumer Protection Laws
March 28, 2025
Image of pile of money and red arrow pointing upwards to illustrate increases to Employment Tribunal Awards and Compensation
2025 Increases to Employment Tribunal Awards and Compensation Announced
March 28, 2025

Archives

Categories

Skip to content