Flexible furlough scheme begins a month earlier than expected

From 1 July

Adam Saville
clock • 1 min read

From 1 July businesses are allowed to being furloughed employees back to work on a part-time basis and firms will be given flexibility to decide the hours and shift patterns of employees.

The government will continue to pay 80% of salaries for the hours they do not work. According to the government, the Coronavirus Job Retention Scheme (CJRS) has so far protected more than 9.3 million jobs throughout the pandemic, with employers claiming more than £25.5bn to support wages. It was announced in May that the scheme would be extended to October, with the introduction of flexible part-time returning to work was originally planned for August. Chancellor of the Exchequer Rishi Sunak said: "Our number one priority has always been to protect jobs and businesses through this out...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PFS writes to members to seek reasons behind AGM rebel vote down

PFS writes to members to seek reasons behind AGM rebel vote down

Board intends to consider feedback ahead of 4 December meeting

Isabel Baxter
clock 18 November 2024 • 2 min read
Analysis: Advice M&A continues apace as FCA review looms

Analysis: Advice M&A continues apace as FCA review looms

Firms taking very different approaches to buying and selling

Isabel Baxter
clock 18 November 2024 • 7 min read
Mansion House speech was 'an effort to shake up the sector'

Mansion House speech was 'an effort to shake up the sector'

The start of a ‘long line of positive developments’

Isabel Baxter
clock 18 November 2024 • 2 min read