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Industry thrown 'lifeline' with furlough extension

Government
Rob Gill
1 June 2020

The industry was cast a “lifeline” last week as chancellor Rishi Sunak revealed a more flexible furlough regime allowing agents to bring staff back to work part-time as business picks up.

Agent bosses said the scheme had helped "reboot" business

In a boost to homeworkers, Sunak also announced the Self-Employment Income Support Scheme would be extended for another three months, with a grant payment of up to £6,570 to self- employed workers in August.

The measures mean travel firms will have “improved flexibility” to start bringing back furloughed staff from 1 July, with companies able to decide the hours and shifts they work. The government will still pay 80% of their normal salary when they are not working.

The government will then gradually taper the scheme from August, with employers having to pay a “modest share” to furloughed staff.