Go back a step

Listen to our new podcast on the Coronavirus Job Retention Scheme

Monday 20th April 2020

Today sees the Coronavirus Job Retention Scheme open to applications by employers.

Our Family Finances Adviser Derek explains theCoronavirus Job Retention Scheme, the government's initiative tofinancially support people unable to do their jobs during thecoronavirus outbreak.

From Monday 20 April, an employer can apply to the government for a grant to cover 80 per cent of the wages of staff they have agreed to furloughed. Once an application has been successfully submitted, payment of the grant should be made to the employer after 6 working days.

You can find out more about the Coronavirus Job Retention Scheme in our new podcast above. The government has also produced revised guidance for both employees and employers.

For all of our podcasts, visit the following links to find us:

Apple Podcasts/iTunes

Google Podcasts



Pocket Casts