Journalist
Share this content

Jump in furlough numbers as lockdown hits hard

The number of furloughed workers in the UK rose by 700,000 to 4.7m in January during the third coronavirus lockdown, according to HMRC figures.

2nd Mar 2021
Journalist
Share this content
Closed shops in Ebbw Vale, Wales, due to coronavirus
istock_Closed-shops_WhitcombeRD

The hospitality sector, hit hardest by the crisis, furloughed 1.15m people, up 3% from December. It had the highest take-up of firms, with 65% of businesses applying for help. Hospitality, retail and leisure accounted for more than half of all furloughed staff in the UK.

The wholesale and retail sector also took a big step backwards, with 938,500 jobs supported, up from a low of 356,400 in October. The number was still below April’s peak of 1.85m.

The Coronavirus Job Retention Scheme pays up to 80% of salaries to those who cannot work because of Covid-19 restrictions.

More than 11m jobs have tapped the scheme since its inception.

At the peak of the crisis, May 2020, around three-in-ten private sector employees were furloughed, some 8.9m in total. Recent ONS data suggested furloughing rates have soared again in January.

Register for free to continue reading

It’s 100% free and provides unlimited access to the latest accounting news, advice and insight every day. As well as access to this exclusive article, you can:

Tick iconView all AccountingWEB content
Tick iconComment on articles
Tick iconWatch our digital shows and more

Access content now

Already have an account?

Replies (2)

Please login or register to join the discussion.

Chris M
By mr. mischief
03rd Mar 2021 09:34

That's certainly the case in my own client base, where Jan and feb were heavy claiming months again. Businesses which had been trading again with no furloughs, for example in the legal and EPOS supply sector, were on part-time working again.

For now the fearful are fully in charge of the UK economy. But personally I think the fearful will be firmly in the back seat before long.

Thanks (0)
Replying to mr. mischief:
avatar
By moneymanager
04th Mar 2021 13:13

"For now the fearful are fully in charge of the UK economy."

They are not in charge at all, they are totally out of control

But personally I think the fearful will be firmly in the back seat before long.

I wish I had your confidence, far too many of the fearfull have either no real notion of what is being done to us (the destruction of everything that makes a functional society, removal or the destruction of assets, ditto, privacy, political rights, you name it), while those in office and obviously REALLY fearfull because they DO know what is happening and are so far under the thumb that for entirely self preservation reasons will simply do as they are told; the "preppers" are about to be proved right.

Thanks (0)