furlough news and archive

Frugi Group reports 51 percent sales increase, repays furlough funds

British ethical and sustainable-focused childrenswear company Frugi Group has reported a 51 percent increase in sales for the seven months to December 2020. The group said growth was driven by continued momentum in shoppers buying from D2C businesses throughout the pandemic, along with the shift in consumer spending towards sustainable, ethical...

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UK furlough scheme extended until end of September

The UK government has announced it is extending the country’s furlough scheme again, this time until the end of September. Chancellor Rishi Sunak said Wednesday the Coronavirus Job Retention Scheme (CJRS) - which sees the government pay 80 percent of employees’ wages for hours not worked due to the pandemic - will be extended by a further three...