After Furlough - Covid - 19 - Health/Economy

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.

 

The LAST CORBYN supporters resign from the Labour Front Bench - 2024 General Election

Daily Mail: Reports " Three senior Labour backbenchers QUIT Keir Starmer's team by voting against government bill designed to shield troops from prosecution after whips ordered them to abstain "

Lets Get Real:

As this blog and others have noticed, the new Labour Leader, Sir Keir Starmer actually wants a chance of winning the 2024 General Election, thus he ordered his MPs to abstain when confronted with a new bill from the Government that would protect our Armed Forces Personnel from unwanted Court action by those on the left or just after a quick money fix.   This could be a problem for the Labour Leader in the future, the Conservatives will claim later that Starmer has allowed his former role as Director of public prosecution to cloud his judgement, they will argue that our Troops need to be protected and that Starmer was not there when it counted.  Thus the LEFT will be annoyed with the action that Starmer has taken but it might not be enough to secure the support of former Labour voters.

What HAPPENS after the UK's Furlough Scheme comes to end - COVID - 19 Update - Health/Economy

BBC News: Reports " Chancellor Rishi Sunak is to make an announcement on Thursday about what happens after the furlough scheme expires at the end of October.  "

Lets Get Real:

It can be argued that the Conservative Government has come under extreme pressure to have another economic recovery plan due to the introduction of new restrictions due to COVID - 19, like the closure of pubs and restaurants.  Those industries such as pubs need people to go out, the introduction of a leisure curfew will mean that some pubs and restaurants will go to the WALL as they will not be able to cope for six months with the restrictions.  Lady Thatcher it can be argued would have taken a tougher line, her Government cut Government spending in the 1980s, there were riots but Lady T kept her nerve and did not bend.   It has to be stated that the Labour Leader Sir Keir Starmer is starting to look like a future PM, problem is that he has to wait in till 2024, a  week is a long time in politics.