BBC News: Report that the Chancellor has stated the following, " "I cannot save every business, I cannot save every job." "
Lets Get Real:
The Chancellor has been very HONEST, he can not save every business and every job, the new economic package reduces how much the Government spends on helping business, the onus is on business to pay to keep their employees. On a basic level wage, the employee will get around 77% of his or her wages, the majority coming from the employer while the Government pays around 22%, in essence 77% of wages, the rest will go unpaid. It seems that the TUC and the CBI support the move, as a Conservative this blog supports the new package, the furlough could not be extended, it would bankrupt the Country. The question is how many millions will be placed on the dole? It could be millions, it's a cost the Country will have to pay. One can only hope that a vaccine is developed before the end of the year or just at the start of January.
No comments:
Post a Comment