Rishi Sunak extends furlough scheme until the end of March 2021
Rishi Sunak has extended the furlough scheme until the end of March 2021.
In a statement in the Commons today, The Chancellor of the Exchequer announced that the scheme – which will pay up to 80% of people's wages if they find themselves unable to work due to lockdown measures – will be reviewed in January to see whether employers should contribute more.
In his statement he said: "We can announce today that the furlough scheme will not be extended for one month, it will be extended until the end of March.
"The government will continue to help pay people’s wages up to 80% of the normal amount. All employers will have to pay for hours not worked is the cost of employer NICs and pension contributions.
"We will review the policy in January to decide whether economic circumstances are improving enough to ask employers to contribute more."