• Car Dealer Plus
No Result
View All Result
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • UCA 2020
  • UCA 2021
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • UCA 2020
  • UCA 2021
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
No Result
View All Result

Chancellor announces furlough scheme will be extended until the end of April 2021

Rebecca by Rebecca Chaplin
December 19, 2020
0
Home News

The chancellor has announced this lunchtime (Dec 17) that the furlough scheme will be extended until the end of April 2021.

Rishi Sunak said the government will continue to pay 80 per cent towards employees wages to support businesses into the new year.

The furlough scheme was running until the end of March after the last extension made in November.


The chancellor had said he planned to review the employer contribution in January but decided to bring this forward to help businesses plan for the New Year.

The publication from the Treasury revealed that it will continue to pay 80 per cent of hours not worked, while employers will need to pay wages for the hours worked but National Insurance contributions and pensions for all hours – worked or not.

We are extending furlough until the end of April 2021.

We will continue to pay 80% towards wages of unworked hours – giving businesses and employees across the UK certainty into the New Year.

Read more: https://t.co/tQzuqeAzzH #PlanForJobs pic.twitter.com/WRH5ih27d2

— Rishi Sunak (@RishiSunak) December 17, 2020

Sunak said: ‘Our package of support for businesses and workers continues to be one of the most generous and effective in the world – helping our economy to recover and protecting livelihoods across the country.

‘We know the premium businesses place on certainty, so it is right that we enable businesses to plan ahead regardless of the path the virus takes, which is why we’re providing certainty and clarity by extending this support, as well as implementing our Plan for Jobs.’


Business secretary Alok Sharma said: ‘While our loan schemes have provided a vital lifeline to millions of firms across the country, we know that business owners need additional certainty as we head into the New Year.

‘Extending government-backed loan schemes will give companies right across the UK the finance they need to support, protect and create jobs as we build back better from the pandemic.’

  • Register as a Car Dealer member and get more out of the website here
  • Car Dealer Mag issue 153 is out now – Read it here
  • Join our breaking news WhatsApp group – Click here to join now

Get more from Car Dealer

  • Premium stories
  • Used car data
  • Magazine early access
Register

Or Sign in

Related Posts

Motorline scoops manufacturer awards for Toyota and Lexus dealerships in Kent
News

Motorline scoops manufacturer awards for Toyota and Lexus dealerships in Kent

April 19, 2021
News

Inchcape to appoint Singapore-based profit and loss management expert to board

April 19, 2021
Carzam stock picture
News

Carzam enjoys record trading week after dealerships reopen in England and Wales

April 19, 2021
Trade Centre UK creates 200 jobs with its first car superstore in England
News

Trade Centre Group smashes its record for used car sales with all-time high during week of reopening

April 19, 2021
Richard Parry-Jones has died
News

Tributes to Richard Parry-Jones continue as Marshall and Aston Martin update investors

April 19, 2021
Cambria Automobile sign
News

Cambria management team given more time to get a deal together as it looks to take listed group private

April 19, 2021

Want the latest news?

Sign up to Car Dealer's daily news email updates

Subscribe
Electrified vehicle registrations overtake diesels for the first time in Europe
News

What is stopping car buyers from switching to EV? Our exclusive White Paper reveals all

April 16, 2021
How many car dealerships does each manufacturer have in the UK? Car Dealerships Locations List 2021 revealed
News

How many car dealerships does each manufacturer have in the UK? Car Dealerships Locations List 2021 revealed

March 12, 2021
Used Car Awards with Mike Brewer and James Baggott graphi
News

Who won what at the Used Car Awards 2020? Mike Brewer reveals our winning car dealers

March 12, 2021
Used Car Awards 2021 logo
Used Car Awards

Used Car Awards 2021 will be back in all their glory on November 29 hosted by Mike Brewer

April 15, 2021
The Newcomers: Here are the 10 electric car brands coming to a forecourt near you soon
News

The Newcomers: Here are the 10 electric car brands coming to a forecourt near you soon

March 30, 2021
Trophy Cars forecourt
News

Investigation: Meet the hyper-specialist car dealers making their money from weird and wonderful motors

March 12, 2021
Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK
Car Dealer Top 100

Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK

February 10, 2021
BMW, Mercedes, Audi and Volvo, could they be sold under one roof?
News

Multi franchising: Premium brands rule out selling cars alongside rivals in same dealer – as others remain tight-lipped

March 11, 2021
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • UCA 2020
  • UCA 2021
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
Call us: 020 8125 3880

© 2020 Blackball Media

No Result
View All Result
  • Car Dealer Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards 2020
  • Used Car Awards 2021
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100

© 2020 Blackball Media

Log In
Register
Register
Server 1