A survey of almost 700 company directors by the Institute of Directors will found about half of those using the scheme could provide 20 per cent or more towards staff wages between August and October. … [Read more...] about Two million jobs could be lost by changes to the furlough scheme, experts warn
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Shake-up could see workers made redunant Workers are likely to still get paid the same wage regardless of any shake-up to the scheme - it'll just be your employer footing more of the bill compared to the government covering all of it. … [Read more...] about Furlough scheme changes: Everything you need to know after Rishi Sunak’s announcement
Environment Secretary George Eustice says the government has a 'series of steps' to move people off its furlough scheme and back into work … [Read more...] about Furlough scheme update: What did Rishi Sunak say in the announcement today?
The following month, the Treasury will pick up 60 per cent of wages up to a cap of £1,875, with employers paying tax contributions and 20 per cent of wages, representing 23 per cent of the gross employment costs, the Government said. … [Read more...] about Furlough scheme changes: Firms must contribute to pay in August & stump up 20% of wages in October
“Make it too generous and you are in danger of slowing down the recovery by keeping people in non-existent jobs. Make it not generous enough and you are in danger of forcing people out of jobs that do have a long-term future.” … [Read more...] about Furlough scheme: Rishi Sunak expected to ask employers to pay 20% of staff wages