The Chancellor's announcement on Friday 29 May of the Government's plans to wind down the furlough scheme means that businesses need to make urgent decisions about what they do next.
Some businesses are experiencing a gradual recovery as lockdown restrictions are eased, and may well wish to bring furloughed staff back to work part-time from July. Others will not be able to bear the costs of contributing to furloughed staff's National Insurance and pension contributions from 1 August, nor a percentage of their wages from September. Businesses may well need to implement redundancies, changes to terms and conditions and other cost-cutting measures. But in unprecedented times and uncharted legal territory, how should they go about it?
Watch the full recording below to hear our Employment team's explanation of the legal implications following the latest Government update.