BREAKING NEWS: Flexible Furlough Scheme Announced

BREAKING NEWS: Flexible Furlough Scheme Announced

Chancellor of the Exchequer Rishi Sunak, has this evening, Friday 29th July, announced that the furlough scheme will now become flexible, helping businesses to bring back some of those employees that they placed on the job retention scheme.

All of this is with the aim of helping the UK economy bounce back after the corona virus pandemic.

There has been talks in recent weeks about what steps would be taken with regards to furlough, as approximately 8million people wait to get back to work.

People on furlough will still receive 80% of their wages from the Government coffers in June and July.

However, from August employers would have to contribute a “modest amount”, approximately 5% which could cover pensions and national insurance.

From September the Government will cover only 70% of salaries, to a cap of £2,190 and from October it will pay 60%, to a cap of £1,875.

By October, employers are set to pay 20% towards those employee salaries who are furloughed, to top up the amount paid by the Government.

The Chancellor also revealed the flexibility part of the scheme, mentioning that employers could bring people back on a part time bases, from July, meaning that business pay for the days the employee works, and the furlough scheme picks up the rest.



Jennifer van Deursen

Jen is the Senior Media Officer for Today’s Conveyancer, Today’s Wills & Probate  and Today’s Family Lawyer.

Having gained a degree in Multimedia Computing, Jen fell into a content role after successfully applying for a job at Cheshire Police. During her 6-year service, she took on the role as personal Press Officer under the first Police and Crime Commissioner for Cheshire and worked in the busy press office for the force.

Jen has experience in the marketing and communication sphere, which stems from her time in the public sector, private care sector and now here at the Practical Vision Network, where she can utilise her skills and challenge herself further.

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