The binman chronicles
Player Valuation: £80m
My daughter (apprentice hairdresser) was furloughed on the 21st March. Got paid today but received her full apprentice wage up to the 21st March but none of the 80% furlough money for the period 21st to 31st. She was told that this would follow in due course when received from the government. I’m really not hopeful she will see this money anytime soon. Fortunately she lives at home with us and apart from her mobile phone contract has no ongoing financial commitments( well apart from the money she owes me for her car insurance) Others will not be so lucky so will need these payments to start coming through pretty quickly.
It will be ok, the grant from HMRC was probably set up too late to be included in this month's payroll.
Some companies have cash in the bank and just paid the 80% out anyhow knowing they will get this back, but that company might not have had that. Seeing it can be backdated it shouldn't be a problem getting it next month or maybe even sooner.
) Others will not be so lucky so will need these payments to start coming through pretty quickly.