Make UK May 2020 Manufacturing Monitor
The headline is that Britain’s manufacturers are bracing themselves to have to make substantial redundancies as the rate of decline in orders accelerates and pessimism about a return to normal trading within the next year grows. The full report is available here.
On the back of this, we are urging Government to provide direct support to key strategic sectors and companies.
Job Retention Scheme Update
The government announced tapering of furlough payments brought forward part-time work during furlough. A summary of the key points is available here. We are working to update our FAQs document to reflect the changes.
Redundancies webinar – we’ll be hosting a paid for webinar looking at the redundancy process and how this may be impacted by Covid-19. Places can be booked here.