By: Vivek J
May 14 2020
The Coronavirus Job Retention Scheme announced by the UK Treasury provides a grant only to furloughed employees which is up to £2,500 a month.
The Coronavirus Job Retention Scheme announced by the UK Treasury provides a grant only to furloughed employees which is up to £2,500 a month.The Chancellor Rishi Sunak had announced support for businesses and employers who were affected by the coronavirus. It included loans and grants to support them to overcome the period of disruption caused by COVID-19. The details of the scheme mention that all those employees who have been asked to stop working will be provided with a grant worth 80% of an employee’s usual wages, up to £2,500 a month, and other benefits. Also, the link provided in the fake news tweet proves that it was posted as a prank. The COVID-19 pandemic has given rise to a lot of potentially dangerous misinformation. For reliable advice on COVID-19 including symptoms, prevention and available treatment, please refer to the World Health Organisation or your national healthcare authority.