Coronavirus Job Retention Scheme extended by four months – until the end of October 2020.
Furloughed workers will continue to receive 80% of the current salary from the Government, up to the value of £2,500 a month;
New flexibility will be introduced from August, in order to get employees back to work and boost the economy.
It was also confirmed that the scheme will continue in its current form until the end of July, with the changes to allow more flexibility coming into effect at the start of August, in order to support the transition back to work.
From the start of August, furloughed workers will be able to return to work part-time, with employers then being asked to pay a percentage towards the salaries of their furloughed staff.
We will update you with more detail when further information is made available by the Government at the end of this month.