Furlough scheme update: what it means for retail

Esther_Smith

Chancellor Rishi Sunak unveiled some key changes to the furlough scheme on Friday, including bringing back workers part-time. Esther Smith, partner at law firm TLT, dissects how the updated scheme will impact retail

The retail industry’s campaign for the government to include provisions to bring back furloughed staff part-time in its updated job retention scheme has paid off.

While the details are limited, from July 1 employers can bring back employees who have been previously furloughed for a full three-week period on a part-time basis.

This is significant in that it gives retailers a lot more flexibility to reopen stores while executing the precarious balancing act between the government’s guidance and restrictions, the indeterminate level of customer demand and their own finances.

 

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