The Chancellor has today announced that the scheme (which had only recently been extended until December) will now be further extended until March 2021, with the government set to pay 80% of salaries up to a maximum of £2500 per month.
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The scheme was due to close on 31st October to be replaced by the new Job Support Scheme, however, following a late announcement by the Prime Minister on 31st October, the scheme is set to be extended until December in line with the duration of the new lockdown recently announced in England. Importantly, this puts the Job Support Scheme on hold.
Since the original announcement, and as further public health restrictions have been announced, the Job Support Scheme has been altered. In a statement to parliament yesterday, Chancellor for the Exchequer Rishi Sunak has announced further significant changes to the Job Support Scheme. Find out everything you need to know here.
The Chancellor Rishi Sunak was today (24 September 2020) in Parliament to announce the next phase in the economic response to coronavirus, with the aim of protecting jobs and supporting the economy. The new "Jobs Support Scheme" will come into force in November effectively replacing the existing Coronavirus Job Retention Scheme.
The employment status of elite performance athletes has been examined in a recent Employment Appeal Tribunal (EAT) case between Jess Varnish and British Cycling. If Varnish had been deemed to be an employee (and/or worker), the immediate impact for funded sport would have been significant.