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Martin Lewis explains flexible furlough and how working part-time will affect wages
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dailyrecord.co.ukThousands of furloughed workers face uncertainty after Chancellor Rishi Sunak announced that UK Government support will end on October 31.
The Chancellor said companies would have to begin to take some of the burden of paying 80 per cent of the wages of 8.4 million workers currently at home because of economic lockdown caused by the Covid-19 pandemic.
From August, the level of UK Government grants provided through the Coronavirus Job Retention Scheme will be slowly tapered to reflect that people will be returning to work.
That means during June and July they will continue to pay 80 per cent of people’s wages. The furlough scheme will close to new entrants on Wednesday, June 10, 2020 – so if an employer hasn't furloughed a member of staff
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