Money Box - MBL: Furlough problems
Download MBL: Furlough problems
A quarter of British employees have been furloughed since the Chancellor Rishi Sunak’s announcement in March. Under the Coronavirus Job Retention Scheme workers are entitled to receive 80% of their pay up to a maximum of £2500 a month but they’re not allowed to do any work for their employer while on furlough. Earlier this month the scheme was extended until October - but from August the government will expect employers to contribute to the huge ongoing costs - estimated at between £10-£15 billion a month.
Furloughing is working well for the majority of people but it is causing a number of different problems for some - both employees and employers. Paul and guests talk to some of them.
Panel:
Susie Al-Qassab, employment partner at Hodge, Jones and Allen
Sarah Chilton, employment partner at CM Murray
Presenter: Paul Lewis
Producer: Ben Carter
Editor: Ravin Sampat
Published on Wednesday, 27th May 2020.
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