UK biz reacts as furlough scheme extended until 2021
With his extension of the furlough and self-employed support schemes, chancellor Rishi Sunak has given firms a “valuable opportunity” to save thousands of live music jobs
News By IQ | 5 November 2020
Furloughed Britons will continue to receive up to 80% of their salaries until the end of March 2021 under an extension of coronavirus job retention scheme (CJRS).
The extension, announced today (5 November) by the chancellor of the exchequer, Rishi Sunak, comes the day England is locked down for another four weeks to slow the second wave of Covid-19.
The furlough scheme was initially set to run until October, and was previously extended until 2 December.
Also extended today is the self-employment income support…
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