The support, which was extended at the start of last week, could
be crucial, but many businesses are getting their applications
wrong.
Surviving through lockdown is not just a psychological challenge
– it can be a major economic challenge, too, not least for
businesses that rely on regular short-term cashflow and have
multiple salaries to cover.
Thankfully, of course, help is at hand in the form of the
Coronvirus Job Retention Scheme, which enables companies to
furlough workers on the basis that the UK government will reimburse
up to 80% of a furloughed employee's salary – so long as
they don't remain on the payroll.
On Tuesday last week Rishi Sunak, the chancellor, said that the
the furlough scheme, which had been due to expire in June, would
now run to the end of October. Furthermore, from 1 August,
employers will be given flexibility to re-introduce staff to work
on a gradual basis. This would involve a partial furloughing
arrangement in which the employer
