With Covid vaccinations now being rolled out across the UK, the government is hoping that people will be able to visit the high street shops, bars and restaurants without spreading the virus. Businesses will be able to get back to normal and they won't have to make redundancies.
It will still take some time for everyone to get vaccinated so the government has decided to extend the furlough scheme for another month. This means the government will continue to pay furloughed staff 80% of their wages, up to £2,500 per month, until the end of April.
So far, the furlough scheme has cost the government almost £50 billion.
The government is ensuring that everyone who had a rail or coach ticket for the Christmas period 23rd to 27th December, will be able to get a cash refund.
It is great to announce some good news in these grim times. Robert Jenrick, the government Housing Secretary is proposing new laws to scrap ground rents for millions of households, and give them a new right to extend their lease to 990 years at a far cheaper cost.