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Sunak due to make announcement on continuance of furlough scheme
Archived Message
Posted by Mary
on May 12, 2020, 9:02 am
Coronavirus: Chancellor to set out future of job retention scheme
https://www.bbc.co.uk/news/uk-52627655
'Chancellor Rishi Sunak is to reveal the future of the government's job retention scheme later, amid growing calls to extend it.
Currently more than six million people are having up to 80% of their wages paid by the government while they are temporarily on leave from their jobs.
Mr Sunak has previously warned the scheme, due to end in June, was not "sustainable" at its current rate.'
Coronavirus jobs bailout could cost Treasury '£40bn every three month
Resolution Foundation* analysts estimate cost of UK’s wage subsidy scheme
https://www.theguardian.com/politics/2020/apr/08/coronavirus-jobs-bailout-treasury-resolution-foundation-wage-subsidy-scheme
What's the betting?
*
https://en.wikipedia.org/wiki/Resolution_Foundation
https://en.wikipedia.org/wiki/Clive_Cowdery
Message Thread:
Sunak due to make announcement on continuance of furlough scheme
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Mary
May 12, 2020, 9:02 am
Re: Sunak due to make announcement on continuance of furlough scheme
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Mary
May 12, 2020, 1:04 pm
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