BCC responds to the extension of the Job Retention Scheme
Responding to an announcement by The Treasury that the Job Retention Scheme will be extended until the end of September, Dr Adam Marshall, Director General of the BCC, said:
“The extension of the furlough scheme shows that the Chancellor has listened to our business communities. Many firms will be breathing a huge sigh of relief, particularly those businesses that are still closed or facing reduced demand due to Covid-19 restrictions.
“The furlough scheme has been a lifeline for companies all across the UK. This extension gives firms much more clarity on the way ahead, and will allow many to plan with greater optimism and confidence as they look to restart and rebuild over the coming months.”