The schemes were announced by chancellor Rishi Sunak as part of a package of support measures for businesses affected by the coronavirus outbreak.
Businesses have furloughed 1,609,800 jobs in wholesale and retail, up to 31 May 2020, since the CJRS was launched on 20 April 2020.
Sunak said: “The UK government is doing everything we can to protect jobs and businesses across the UK during the crisis. Our unprecedented job retention and self-employment support schemes have supported the livelihoods of millions and will help ensure our recovery is as swift as possible.”
Further guidance on both schemes will be available tomorrow (12 June 2020) at gov.uk.