Nursery World - Summer statement: Employers will be paid £1,000 bonus to keep on furloughed employees

There was no extra funding for the early years and childcare sector in the Chancellor’s summer statement delivered in the House of Commons today.

Chancellor Rishi Sunak

Commenting, Neil Leitch, chief executive of the Early Years Alliance, said it was 'unfathomable that the Government has once again failed to commit to any additional financial support for the early years sector.'

Chancellor Rishi Sunk said the country ‘faces ‘profound economic challenge’ and that the economy contracted by 25 per cent in two months.

The chancellor said furlough had been ‘a lifeline for millions but cannot and should not go on forever’ giving people ‘false hope’ and was in no-one’s long-term interest.

He said, ‘furlough will wind down flexibly and support people and businesses until October’.

To get as many people back to their jobs as possible, employers will be paid a new jobs retention bonus of £1,000 per employee if they keep workers in their jobs until January 2021.

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