Edwin Coe LLP (England-Wales): Will employers be required to enter into new furlough agreements with employees?

Earlier this month, Rishi Sunak announced the anticipated extension to the Coronavirus Job Retention Scheme (the Scheme). The Scheme will now continue until 31 October 2020, but from 1 August 2020 the Scheme will be modified to permit part time working of furloughed staff. Whilst employees will continue to receive 80% of their salaries (up to the monthly cap of £2,500), employers will also be required to pay a proportion of this. But will employers need to enter into new furlough agreements to address these changes? MORE.