The Government extends furlough, and confirms Budget date for 3 March 2021

By December 17, 2020 Press Releases

Today, on 17 December 2020, the Chancellor of the Exchequer has extended the furlough scheme until the end of April 2021, with the Government continuing to contribute 80% towards wages. The move is designed to give businesses and employees across the UK certainty into the New Year. The Government are also extending the government-guaranteed COVID-19 business loan schemes until the end of March.

The Chancellor also confirmed that the Budget will be on 3 March 2021. This will deliver the next phase of the plan to tackle the virus and protect jobs.

The press release from HM Treasury can be read in full here.



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