The UK Government has published further guidance, late on the evening of Friday 12 June 2020, in relation to the Furlough Scheme. In light of this, we have produced an update highlighting the key and important changes that are being made.
To read the full update, please visit MayerBrown.com.
One of the changes to the furlough scheme announced by the Chancellor last Friday was that the scheme will close to new entrants on 30 June, and so the last date on which an employer can furlough an employee for the first time is 10 June 2020 (so they can complete the minimum three week
The UK Government has, in keeping with past practice, used the arrival of the bank holiday weekend to update the Coronavirus Job Retention Scheme. It has now published a second iteration of the Treasury Direction, which we have reviewed. To read our commentary on the updated Direction, please visit MayerBrown.com.
It is going to be one of the sadder consequences of the Coronavirus pandemic, that most employers are going to have to look closely at whether or not to make significant job cuts to their current headcount. Whilst some employers may view this as an opportunity to recruit and acquire staff either generally or in
Contrary to the fears of many commentators we have had news of an extension to the UK Government’s Furlough Scheme. Our latest update looks at the recent announcement from 12 May, and the details we are awaiting. To read the full update, please visit MayerBrown.com.
In the fifth round of updates from GOV.UK to the UK Furlough Scheme, both the Employee Guidance Note, “Check if your Employer can use the Coronavirus Job Retention Scheme”, and the Employer Guidance Note, “Check if you can claim for your Employees’ wages through the Coronavirus Job Retention Scheme”, were updated
This morning we have had the first report from HMRC on the operation of the Furlough Scheme. It is in the form of a tweet. It reports that 185,000 claims have been submitted covering 1,300,000 employees. So a lot of employees are benefitting from the Scheme. A lot of employers are, also doubtless, making