No further extension to furlough scheme, says Johnson
Boris Johnson has said there will be no further extension to the government’s furlough scheme. His comments come despite a fresh wave of job losses across the country.
Ministers are facing calls to extend the Coronavirus Job Retention Scheme (CJRS), following the announcement this week of thousands of lay-offs in the retail and aviation sectors. CJRS has protected more than 9 million jobs during the coronavirus (Covid-19) pandemic.
But in an interview with the Evening Standard, Johnson insisted it was not “healthy” for either the economy or the employees concerned to extend the scheme:
We’ve spent £120 billion supporting people, it’s a huge commitment…
But I think people need to recognise that the particular restrictions that furlough places on you are not, in the long term, healthy either for the economy or for you as an employee.
You are keeping people in suspended animation. You are stopping them from actually working. I am being absolutely frank with you, we are pushing it out until October but in the end you have got to get the economy moving.
Fresh wave of redundancies
The furlough scheme – which has seen the state pay up to 80% of the wages of eligible workers who would otherwise have been laid off – is due to begin unwinding from August 2020.
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The prospect that firms will have to start contributing to the salaries of employees on CJRS has led to fears of a fresh wave of redundancies among businesses wanting to avoid the cost of paying employees.
Labour has called for the continuation of targeted assistance for sectors which have been particularly hard hit as a result of the pandemic.
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https://www.stayintheknow.co.uk/
LINK to post 3.7.2020
Pendle is open for business.
ONLY if you do not work for one of the firm sacking British workers now they have stolen our taxpayer money to keep employee in their jobs Boris gave them.
This article BELOW tell a different story Pendle firms
I have just post all over U.K. area including our local areas
https://www.telegraph.co.uk/
LINK to post 3.7.2020
Where the jobs axe is falling across the UK
They seem to be a lot of rich firm sacking employees
that this Tory Govt have protected year on year with our’
U.K. taxpayer money with big tax cuts + businesses rate cuts.
So why are they getting shut of British workers now is it because the cash hand out By Boris is coming to an end Boris (taxpayer funded)
Boris you and Tory Govt better have words with your rich party funder over sacking our BRITISH employees just to save the already rich broad members a bigger Private income at the expenses our British workers hung out to dry by them.
I would like to know Boris how much already have the rich’ owned’ privet firm got in payments of our taxpayer money to pay their employees’ wages while lock-down was fully in place then they stab their British worker in the back (sack them)
Is this list in this article a names & shame the firms involved Boris yes or no? remember Boris voter will not forget there and Tory Govt action come next G.E paying, rich firm our much, needed cash just to save them money yet still sack their workers was the rich firm paid our Taxpayer money just to give it back to Tory party in personal funding for Tory party only Boris??yes or no?
Boris + Tory party Minister the cash bail out at lock-down that was put in place to save jobs as failed fully did not save the jobs of British worker you just wasted our taxpayer money again Boris why?