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Coronavirus Job Retention Scheme

The Coronavirus Job Retention Scheme was announced by Rishi Sunak (pictured)

The Coronavirus Job Retention Scheme (CJRS) was a furlough scheme announced by Rishi Sunak, the Chancellor of the Exchequer, on 20 March 2020, during the COVID-19 pandemic in the United Kingdom.[1] The scheme was announced as providing grants to employers to pay 80% of a staff wage and employment costs each month, up to a total of £2,500 per person per month. The scheme covered the period 1 March 2020 until 30 September 2021, and had a total cost of £70 Billion.[2] The scheme initially ran for three months and was backdated to 1 March.[3]

Following a three-week extension of the countrywide lockdown the scheme was extended until the end of June 2020.[4][5] At the end of May, the scheme was extended until the end of October 2020. After a second lockdown in England was announced on 31 October 2020, a further extension was announced until 2 December 2020,[6] this was followed on 5 November 2020 by a lengthy extension until 31 March 2021.[7] A further extension until 30 April 2021 was announced on 17 December 2020.[8] A day ahead of the 2021 United Kingdom budget held on 3 March 2021, it was confirmed that the scheme had been extended once more until 30 September 2021.[9]

  1. ^ "Coronavirus: Government to pay up to 80% of workers' wages". BBC News. 20 March 2020. Archived from the original on 27 May 2020. Retrieved 20 March 2020.
  2. ^ Parliament.gov.uk https://commonslibrary.parliament.uk/research-briefings/cbp-9152/. Retrieved 13 June 2024. {{cite web}}: Missing or empty |title= (help)
  3. ^ Partington, Richard (20 March 2020). "UK government to pay 80% of wages for those not working in coronavirus crisis". The Guardian. Archived from the original on 20 March 2020. Retrieved 20 April 2020.
  4. ^ "Government extends furlough scheme to pay staff". BBC News. 17 April 2020. Archived from the original on 21 May 2020. Retrieved 26 May 2020.
  5. ^ Elliott, Larry (17 April 2020). "UK government extends furlough scheme until end of June". The Guardian. Archived from the original on 20 April 2020. Retrieved 20 April 2020.
  6. ^ "Furlough Scheme Extended and Further Economic Support announced". GOV.UK. Archived from the original on 1 November 2020. Retrieved 31 October 2020.
  7. ^ "Extension to the Coronavirus Job Retention Scheme". GOV.UK. Archived from the original on 5 November 2020. Retrieved 5 November 2020.
  8. ^ "Rishi Sunak extends furlough scheme for another month". BBC News. 17 December 2020. Archived from the original on 13 July 2021. Retrieved 17 December 2020.
  9. ^ "Furlough support scheme to be extended until September". BBC News. 2 March 2021. Archived from the original on 2 March 2021. Retrieved 2 March 2021.

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