The Home Office is continuing to plan its new immigration system for January 2021. It has today published a short guide for employers about what it will mean for them, called The UK's points-based immigration system. An introduction for employers.
It states that "A new Graduate Immigration Route will be available to international students who have completed a degree in the UK from summer 2021. This will enable international students to remain in the UK and work at any skill level for two years after they have completed their studies".
This means that, although anything could change before next summer, the UK Government currently still intends to introduce a two-year Graduate Route. We have no details yet and do not expect to have any until later this year.