The Government has announced guidance on ‘flexible furlough’ arrangements, under the Coronavirus Job Retention Schemes (JRS), coming into effect from 1st July 2020. The aim of the scheme is for businesses to gradually bear the burden of the JRS and encourage them to reintroduce furloughed staff back to work in an attempt to stimulate the economy.
Rishi Sunak has announced measures to help expedite finances to stricken businesses in the form of the Coronavirus Bounce Back Loan Scheme. Read below to find out the key points.
Rishi Sunak, the Chancellor of the Exchequer, has this evening announced a comprehensive support package for self-employed workers.
As widely anticipated, the Coronavirus Self-Employment Income Support scheme will provide self-employed workers with a vital lifeline to support themselves and their families through the ongoing COVID-19 pandemic.