Updated: 18 December 2020
Rishi Sunak has confirmed that the furlough scheme will be continuing until 30 April 2021.
The scheme will continue to operate in its current form, paying up to 80% of a person’s monthly wage up to cap of £2,500.
There will be a review of the policy in January 2021 and the scheme may then change.
The extension to furlough means that the Job Retention Bonus and the JSS schemes have been scrapped – for now. (more…)