The Chancellor has announced that the government’s Coronavirus Job Retention Scheme will remain open until the end of October from the original June cut-off. The current scheme is extended a further month, until July, and will work the same as it is now. From August to October, employees will stay on 80% of income, but be able to go back to work part-time for their employer, with employers expected to contribute to the furlough cost. Full details of how this will work are expected later this month.
