Article preview: With news of a second national lockdown for England, coming into force on 5th November 2020, the government has updated its package of financial support. The Coronavirus Jobs Retention Scheme, commonly referred to as ‘furlough’, is extended for another month. Businesses forced to close due to the lockdown measures can receive grants, and borrowers facing financial difficulties will be able to apply for another mortgage holiday.
Furlough extension, business grants and mortgage holidays
This 516-word blog post describes the extension to the Coronavirus Jobs Retention Scheme, availability of business grants for premises in England forced to close in the new lockdown, and an extension to the mortgage payment holidays. Written on 1st November 2020.
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