Chancellor Rishi Sunak announces extension of furlough scheme for additional four months
In the House of Commons today Chancellor of the Exchequer Rishi Sunak announced the extension of the furlough scheme.
The scheme originally due to be concluded at the end of June this year, will now continue to run until October.
Currently employers who have applied for the scheme and received funding, have been using the it to pay their furloughed staff 80% of their wage up to £2,500 a month. This will not change.
Sunak said there would be no changes to the scheme until the end of July, after which point "the scheme will continue for all sectors and regions of the UK, but with greater flexibility to support the transition back to work".
From August employers currently using the scheme will be able to bring furloughed employees back on a part time basis and the government will start asking employers to share with them the cost of paying staff salaries.
The Chancellor said: "Our message today is simple, we stood behind Britain's workers and businesses as we came into this crisis and we will stand behind them as we come through the other side".