The government’s furlough scheme will be extended for a further month, the Chancellor confirmed today.
Following on from yesterday’s announcement to keep social distancing measures in place, Rishi Sunak said the Coronavirus Job Retention Scheme (CJRS) would now be open until the end of June – providing businesses with the certainty they need.
The scheme, which allows firms to furlough employees with the government paying cash grants of 80% of their wages up to a maximum of £2,500, was originally open for three months and backdated from the 1 March to the end of May.
Commenting on the announcement, TUC General Secretary Frances O’Grady said:
"This is very welcome news for workers and their families.
"If the scheme had not been extended, the deadline for redundancy consultation notices would have been tomorrow. So it was vital that this announcement came quickly after the lockdown extension.
"Employers must continue to make full use of the scheme to furlough workers and protect jobs. There is no reason to make any staff redundant."