Friday, May 29, 2020

The Furlough Scheme ENDS in October - COVID - 19 Update 1 - Health/Economic


Lets Get Real:

The Treasury can not go on forever paying for the wages of the UK workforce, that is the job of employers, the Treasury has been very generous an will go on being generous in till October.   The PM has to get the workforce back to work, or the recession we will face will turn in to depression and fast and the voters will not be happy.  The Chancellor could do more to help pubs and hospitality firms, they will not be getting people to come in to their establishments in till the middle of June or the start of July. An American President once said, American business is business, well the same can be said of the UK, people might need to be pushed back to work, and less in fear of the virus, this blog has had some reservations about the furlough scheme for a while, it needs to get people off their backside and back to work. 

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