And now comes my ‘but’. And this is a very big ‘but’. But because the government has not announced any extension to this scheme, and nor has it given any indication that lockdown will cease by the end of May, well advised large employers who know that they have to undertake a statutory consultancy period with their staff on redundancy arrangements will begin issuing redundancy notices to maybe millions of people tomorrow, because if staff cannot be paid after 1 June when the furlough scheme ends that’s when notice has to be given and the consultations need to begin. For smaller companies (employing less than 100 people) the date when notice is required is later: they will need to issue the redundancy notices at the end of the month.
Why not kill the bureaucratic requirement that causes the problem?
After all, it could, just possibly, be true that the solution to an excess of government is less government.