Furloughing

UK Treasury shells out £4.6bn in grants to help businesses during third lockdown

Chancellor of the Exchequer, Rishi Sunak, has made one-off grants available to businesses in the worst-affected sectors of retail, hospitality and leisure, worth up to 9,000 per property. These businesses will also receive 100% business rates relief

Furlough is being extended until April, while retail and hospitality businesses will receive 100% business rates relief

2 min read

Rishi Sunak extends furlough and business loans for an extra month

Businesses will now be able to access the government support schemes until the end of April

2 min read

UK unemployment rises to 4.1% as payrolls fall

ONS figures show that the number of employees on payrolls is down around 695,000 since lockdown

1 min read

Demand for furlough scheme slows as lockdown eases

Takeup of Sunak’s emergency loan schemes, under which the government will guarantee a certain percentage of loans to ailing businesses, also appears to be easing off

1 min read

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