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-founding father of Mazuma, additionally instructed Express.co.uk the furlough scheme may presumably be prolonged, relying on the longer term state of affairs.
When questioned about the potential of furlough being prolonged, Ms Cohen stated not to “rule anything out”.
Ms Cohen stated: “As we’ve seen earlier than, it isn’t unusual for the Government to have to return on their preliminary statements and guarantees due to the volatility of the virus.