Furlough funding extension | News and Insights - LCCI
1 / 3
News Flash
    1/3Bank of England cuts interest ratesBank of England cuts interest ratesRead more
    2/3Immediate Budget reaction expresses concern about the effect of the budget on businesses.Immediate Budget reaction expresses concern about the effect of the budget on businesses.Read more
    3/3The Government must implement pro-business measuresThe Government must implement pro-business measuresRead more
London Chamber of Commerce and IndustryLondon Chamber of Commerce and Industry
Log in
Join LCCI
Contact Us

LCCI welcome furlough funding extension

Friday 17 April 2020

Reacting to news that the Government has extended funding for the furlough scheme to the end of June, with monthly review thereafter, Richard Burge, LCCI's CEO, said:

“Businesses thank the Chancellor for rapidly acting upon their call for business funding clarity beyond May.

A monthly review is also welcome, but needs to be conducted in good time so that employers are not on a monthly cliff edge of redundancy consultation."

ENDS.