Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the number of firms using the furlough scheme towards the cost of redundancy payments.
As per the latest updates to the guidance for the Coronavirus Job Retention scheme, grants cannot be used to substitute redundancy payments.
HMRC will continue to monitor businesses after the scheme has closed.
Full guidance can be found on GOV.UK: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme.