To give people certainty over the winter, the government has today announced that the furlough scheme will not just be extended for one month – it will be extended until the end of March. Employees will receive 80% of their usual salary for hours not worked, up to £2,500 a month.
We’re also increasing the support for millions more workers through the Self-Employment Income Support Scheme.
The third grant covering November to January will now be calculated at 80% of average trading profits, up to a maximum of £7,500.