furloughed

I’ve been furloughed: What does it mean?

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Until a fortnight ago, it’s unlikely many British workers had ever encountered the term ‘furloughed’, but now it is a concept that has been thrust into the spotlight by the coronavirus crisis. Chancellor Rishi Sunak has unveiled a series of measures to cover the wages of millions of people suddenly left without work and prevent … Read more

I’ve been furloughed: What does it mean, why are companies doing this and what happens next?

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Chancellor Rishi Sunak has unveiled a series of measures to cover the wages of millions of people suddenly left without work and prevent businesses going bankrupt due to the coronavirus crisis.   The so-called coronavirus job retention scheme enables businesses to continue paying part of their employees’ salary who would otherwise have been laid off because … Read more