Analysis: Retailers face dilemma over post-furlough job retention scheme

Rishi Sunak July 2020

As Primark reveals that it won’t be taking government money to bring back furloughed staff and John Lewis hints at the same, other retailers face a potentially tough choice.

On the face of it, what is there not to like about a scheme to help finance job retention as the retail industry and the nation seek recovery in the aftermath of the Covid lockdown?

The only complaint some retailers might have had was that, at £1,000 per employee brought back for at least three months after the government’s wage support scheme ends in October, the cash on offer pales into insignificance compared with the scale of losses sustained during the pandemic.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Sign up for a month FREE trial

Subscribe now