UK Government extends furlough scheme until end of April 2021
The UK Government will continue the furlough scheme until the end of April 2021 in an effort to ensure firms are able to survive the continued economic disruption.
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Energy transition commitments could go some way to reversing North Sea pessimism
It’s hoped commitments to put energy transition “at the heart” of economic recovery plans could go some way to reversing negative trends in the oil and gas industry.
North Sea firms warn further job losses on the horizon, confidence falls to lowest level since 2015
Around a fifth of North Sea oil and gas contractors have warned they expect to make further job cuts in 2021 as they continue to deal with ongoing turmoil in the sector.
Dozens of jobs at risk at Aberdeen engineering firm TDC
Dozens of jobs are at risk at Aberdeen engineering firm TDC, despite the company’s hope to stave off redundancies.
Furlough extension comes ‘too late’ for thousands of North Sea jobs
A union boss has said the extension of the UK furlough scheme comes “too late” for thousands of lost jobs in the North Sea oil industry.
UK furlough support scheme extended until end of March
Rishi Sunak has announced a five-month winter extension to the furlough scheme, ending days of confusion over whether support would be offered to Scottish workers in the event of a future lockdown.
Report highlights ‘very worrying signs’ for North Sea employment
Industry body Oil and Gas UK (OGUK) said today it is seeing “very worrying signs” for employment in the North Sea sector.
Chancellor makes job support scheme ‘more generous’
Billions of pounds of extra help has been announced for firms and workers hit by coronavirus restrictions.
Sunak cancels Budget and promises financial package to replace furlough scheme
Rishi Sunak has cancelled this year's Budget and will instead prioritise protecting millions of jobs in sectors hit by the latest Government guidance on Covid-19.
Making redundancies after Covid-19
With the tapering of the Government’s Coronavirus Job Retention Scheme (CJRS) now in full swing, it is crucial for businesses to keep a close eye on headcount.
Aberdein Considine: What is flexible furlough and how to use it in your business
The Coronavirus Jobs Retention Scheme (CJRS) has been a lifeline for businesses up and down the country.
Warning of ‘imminent’ consultations on North Sea job losses as UK furlough nears end
A union and an employment law specialist have warned of "imminent" consultations on North Sea job losses as the UK Government furlough scheme comes to an end next month.
The new ‘F-word’ in the energy sector
The Energy industry has taken another battering. But unlike previous economic hurricanes, this time within weeks centrally funded support was made available in the form of furlough leave and pay.
Revised furlough scheme unlikely to ‘stem tide’ of oil job losses
The UK Government’s furlough scheme is unlikely to “stem the tide” of oil industry job losses as employers are told to start contributing to wages in the coming months, lawyers and politicians said.
Chancellor will ask employers to pay 20% of furlough wages
The Chancellor is set to tell employers they will need to contribute to their furloughed workers' salaries from August as the Government admitted the scheme cannot run "indefinitely".
Contracting firms poised to lay off furloughed workers, union boss says
A union boss has claimed a “host” of North Sea contracting firms are poised to lay off furloughed workers as the cost of maintaining the scheme mounts.
Offshore workers ‘dumped’ as Atlas Professionals flouts furlough while UK scheme is extended
Offshore workers have said they’ve been “dumped” by a major recruitment firm after it decided not to offer the UK furlough scheme due to holiday pay concerns.
‘Great uncertainty’ for employers using Covid-19 furlough scheme
The Coronavirus Job Retention Scheme (the "Scheme") was announced on 20 March 2020 and opened to applications on 20 April 2020. By 23 April 2020 it had received 512,000 claims in respect of 3.8 million furloughed employees. However, a great deal of uncertainty remains around the application of the Scheme to businesses in the oil and gas sector.
Pinsent Masons: Furlough scheme ‘unlikely’ to halt difficult decisions in energy sector
The furlough scheme is certainly helpful to energy sector employers and employees but there are some grey areas which mean businesses and individuals may not benefit as was intended.
Ledingham Chalmers: There is ‘real confusion’ on government’s coronavirus jobs scheme
Since the introduction of the job retention scheme on 20 March 2020 we have all had to rely on government guidance as to how the scheme will operate.
Updated: ‘Disgrace’ as Worley sacks Sullom Voe Terminal workers without furlough
Worley has been branded a “disgrace” by union bosses after terminating workers without furlough at a Shetland oil and gas terminal.
80 jobs saved as Altrad agrees to furlough Grangemouth workers
Around 80 jobs have been saved at Altrad Services after union pressure saw the firm reinstate workers under the government’s furlough scheme.
Halliburton to ‘significantly reduce workforce’ says CEO
Oilfield services giant Halliburton will “significantly reduce” its workforce in the coming weeks, according to chief executive Jeff Miller.
Bilfinger UK decides to offer coronavirus furlough scheme days after cutting jobs without support
Bilfinger UK has said it will offer the option for the government’s coronavirus furlough scheme, days after terminating onshore workers without support.