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Coronavirus Job Retention Scheme Extended

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The Chancellor has this afternoon announced that the Coronavirus Job Retention Scheme will be extended from its initial 3 month period from 1 March 2020 – 31 May 2020 by a further 1 month, i.e. to the end of June 2020.

The announcement will come as a relief to those employees who were otherwise facing the prospect of a 45 day consultation period commencing this weekend for large scale redundancies to take effect at the end of the CJRS period.

Those employees currently eligible for furlough leave will hopefully benefit from the scheme for at least the additional 1 month period, and possibly longer if the Chancellor extends yet again in a month’s time.

For further details of the CJRS and furlough leave, please contact the Roythornes Employment team.

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