Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether firms who (a) have and (b) are in the process of carrying out compulsory redundancies will receive payments under the job retention bonus.
To ensure that the firms are encouraged to keep employees as demand returns, the Chancellor announced the Job Retention Bonus in the Plan for Jobs on 8 July.
To be eligible, the employees for which the employer will receive the grant will need to:
Further detail on the Job Retention Bonus will be available at the end of the month and full guidance will be available in the Autumn.