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

Zero cases of non-financial misconduct opened by FCA in two years

Zero cases of non-financial misconduct opened by FCA in two years

A Freedom of Information request has found

Cristian Angeloni
clock 22 April 2025 • 3 min read
HL co-founder Peter Hargreaves to rejoin board after £5.4bn takeover

HL co-founder Peter Hargreaves to rejoin board after £5.4bn takeover

Co-founded platform in 1981

Linus Uhlig
clock 22 April 2025 • 1 min read
London's millionaire exodus: Advisers will 'undeniably' see wealthy clients move abroad

London's millionaire exodus: Advisers will 'undeniably' see wealthy clients move abroad

Labour's budget ‘main reason' for latest UK exits

Isabel Baxter
clock 17 April 2025 • 6 min read