BCC responds to latest HMRC furlough statistics

28th January 2021

Commenting on the latest statistics from HMRC on usage of the government’s Job Retention Scheme up until 31 December 2020, BCC Co-Executive Director Hannah Essex said:

“With the furlough scheme providing a lifeline to millions of employees across the economy, further action will be needed in order to avoid a damaging cliff edge for jobs and livelihoods after the scheme ends in just a couple of months. 

“The government must learn lessons from last October, where the delay in extending the scheme at a time of tightening restrictions helped drive redundancies to a record high.

“Therefore, ministers should commit immediately to keeping the furlough scheme in place until a full opening of the economy is possible and at least until the end of July 2021. Only with certainty on the future of government support can businesses communities plan ahead and look to restart, rebuild and renew.”

You might also be interested in

Shorts and MD Law advise on sale of BN Gibson Limited

Wed 18th May 2022

Shorts recently teamed up with MD Law to act as lead advisors and legal representatives on the sale of Nottinghamshire based Ambulance Services

HMRC to close CHIEF: What does this mean for you?

Fri 6th May 2022

Last year HMRC announced that the Customs Handling of Import & Export Freight Computer system (CHIEF ) currently used to lodge import and export declarations will be fully replaced by a new system called the Customs Declaration Service (CDS) in 2023.

South Yorkshire Chambers Unite to Call for Mayor-led Transformation of Region's Skills Sector

Fri 29th April 2022

Business leaders from across South Yorkshire will join forces today (Friday) to call for the region’s new Mayor to urgently tackle skills shortages that are holding the region back.

Sheffield Hallam joins universities across the UK to showcase vital impact of climate research

Thu 28th April 2022

Sheffield Hallam has joined universities across the country to demonstrate their commitment to tackling the climate emergency through research, education and community regeneration.