Coronavirus: What happens when the furlough scheme ends?

Started by GBNews, September 02, 2020, 01:30:36 AM

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johnofgwent

#5
September 02, 2020, 08:25:21 AM
Well, I doubt 'mass' unemployment will happen as the doom peddlers make out. But speaking as one still furloughed, I expect to be told to.take early retirement...

The unemployment is already hitting. Employers who now have to start making some of the payments to the 80% total the employee receives have decided to start the layoffs.

I am totally convinced we would have a mad max scenario now if the scheme had not been implemented because we would have had nothing to lose.
<t>In matters of taxation, Lord Clyde\'s summing up in the 1929 case Inland Revenue v Ayrshire Pullman Services is worth a glance.</t>

papasmurf

#4
September 02, 2020, 08:14:31 AM
Quote from: srb7677 on September 02, 2020, 07:59:31 AM
Mass unemployment will happen. At least that is sadly what I suspect.

It could be, in theory, over 6 million by early next year with a hard Brexit to add to Covid 19.
Nemini parco qui vivit in orbe

srb7677

#3
September 02, 2020, 07:59:31 AM
Mass unemployment will happen. At least that is sadly what I suspect.
We are not all in the same boat. We are in the same storm. Some of us have yachts. Some of us have canoes. Some of us are drowning.

papasmurf

#2
September 02, 2020, 07:45:18 AM
The end of civilisation as we know it?
Nemini parco qui vivit in orbe

GBNews

#1
September 02, 2020, 01:30:36 AM
Coronavirus: What happens when the furlough scheme ends?

Almost 10 million people have accessed the scheme, which closes in October.

Source: Coronavirus: What happens when the furlough scheme ends?
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