Financial

New guidance released on £9bn job retention bonus scheme for businesses

Rishi Sunak
Further information has been published today on how businesses can claim the government’s Job Retention Bonus, with millions set to benefit from the £9 billion package. The scheme is designed to continue to support jobs through the UK’s economic recovery from coronavirus by encouraging and helping employers to retain as many employees who’ve been on furlough as possible. New guidance sets out the information employers who have furloughed employees need to know in order to claim the bonus from 15 February until 31 March 2021. Employers will still be able to claim even if they are receiving support from the
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