When does furlough end? Extension possible to give businesses ‘breathing space’ – EXPERT | Personal Finance | Finance


“However, if the recovery is sluggish, the Government may be minded to extend the scheme further to give businesses (particularly in the hospitality sector) breathing space.”

Lucy Cohen, co-founder of Mazuma, also told Express.co.uk the furlough scheme could possibly be extended, depending on the future situation.

When questioned about the possibility of furlough being extended, Ms Cohen said not to “rule anything out”.

Ms Cohen said: “As we’ve seen before, it isn’t uncommon for the Government to have to go back on their initial statements and promises because of the volatility of the virus.



Read original article here

Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Get real time updates directly on you device, subscribe now.