Job Retention Scheme Extended by 4 Months

This afternoon, the Chancellor confirmed that the Coronavirus Job Retention Scheme will be extended by four months until the end of October.

I am pleased that the Scheme has enabled many Rutland and Melton employers to give their hardworking staff peace of mind during the ongoing crisis, but I recognise the need to get the business engine revving here and across the country.

As such, I welcome that from August to October, the Scheme will continue for all sectors and regions of the UK, but with greater flexibility to support the transition back to work for example; through part-time or alternate days working.

Between August and October, employers currently using the scheme will be able to bring furloughed employees back part-time, with employers sharing the cost of paying people’s salaries with the Government.

There will be further details by the end of May, but I have been assured by Ministers that workers will, through the combined efforts of government and employers, continue to receive the same level of support as they do now, at 80% of their salary, up to £2,500.