Rishi Sunak Extends Furlough Scheme

Rishi Sunak Extends Furlough Scheme Until March 2021

Rishi Sunak Extends Furlough Scheme Until March 2021

The government has just announced that the Coronavirus Job Retention Scheme (the furlough scheme) will continue until 31 March 2021.

For the period from 1 November 2020 until 31 January 2021 employees will receive 80% of their usual salary up to a maximum of £2,500 per month.

The scheme will be reviewed for February 2021 and March 2021 and the payment may be reduced along the lines of what we saw in September and October this year.

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