Chancellor confirms the Job Retention Scheme will last until October

Chancellor confirms the Job Retention Scheme will last until October

Chancellor confirms the Job Retention Scheme will last until October

"However, businesses still need further clarity on what "Covid secure" looks like, but this guidance does help businesses to plan and prepare their workforce for a return to work", said Mr Crane.

The Furlough scheme could be extended until September. This inflexibility supposed that some organisations which will have endured buying and selling at a discounted degree needed to shut exclusively.

In recent weeks there have been various calls made, both within and outside the industry, for the Chancellor to extend and amend the JRS specifically for hospitality businesses, to help as they attempt to recover in the months ahead.

"Having highlighted the particular plight of our sector, we are grateful that the government has listened, and from the start of August the scheme will have greater flexibility to allow employers to bring furloughed employees back part-time", Longhurst noted. It will also continue to work closely with the Devolved Administrations to ensure the scheme supports people across the Union.

"I think that the furloughing scheme has been one of the most remarkable features of the government's response", British Prime Minister Boris Johnson said.

Nationwide, it is thought some 70% of firms are furloughing at least a portion of their staff during the pandemic. Whilst the adjustment addresses that from August onwards, we expect many SMEs that are resuming a level of operations will be looking to bring back workers part time before August.

The Foundation estimates the cost of phasing out the JRS along the lines it proposes would cost around £16 billion from July onwards, taking the total cost of the scheme to around £48 billion.

Easing the lockdown Ireland & UK key dates
Easing the lockdown Ireland & UK key dates

"These payments under government schemes are transfers from taxpayers in general to businesses, it will lead to an increase in national debt (but) we can finance that over a long period, particularly given the very low level of long-term real interest rates". Those of Bangladeshi and Pakistani ethnicity also have a significantly higher chance of dying from COVID-19 than white people, even when adjusting for deprivation.

"Moving too quickly could cause a second surge in unemployment, while moving too slowly would fail to support the recovery", researchers Torsten Bell, Laura Gardiner and Daniel Tomlinson said.

"The scheme can not last forever however".

The data painted a grim picture in care homes, which have been hit hard by the virus.

'Employers now using the scheme will be able to bring furloughed employees back part-time.

While different ways of counting make comparisons with other countries difficult, the figure confirmed the United Kingdom was among those hit hardest by a pandemic that has killed more than 285,000 worldwide.

Suresh Raina, Irfan want BCCI to allow Indians to play league overseas
The only thing was that I had to announce my retirement and I was doing the rounds of the BCCI to understand what the rules were. Yuvraj, who announced global retirement in June 2019, went on to represent Maratha Arabians in the Abu Dhabi T10 League as well.

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