No 'cliff edge' and housing market 'kick-started'

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Newspaper headlines: No 'cliff edge' and housing market 'kick-started'

Most of the papers lead on the announcement by the chancellor, Rishi Sunak, that the government's job retention scheme will be extended until the end of October. The Financial Times reports that the cost of the initiative - where employees on leave receive 80% of their monthly wages up to £2,500 - could reach £80bn.

The paper says it has seen a confidential Treasury document which sets out a proposed package of tax increases and spending reductions that may have to be announced within weeks to “enhance credibility and boost investor confidence” in the economy.Thousands of people will return to work on Wednesday as fears grow over the risk to jobs and health, the Daily Mirror reports. The paper says there are concerns a lack of social distancing at work and on public transport could re-spread the virus.

 

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At least where getting the Garden Centres back, eh? They've been the true casualty of this pandemic.

bbclaurak The housing market will crash.

bbclaurak RT, no originality again

I think the cliff edge is a long way ^^^^up there^^^^ at this point.

Who in their right mind buys a house now when consumer confidence is so low?

Can't visit your family or friends but you can try to sell your house to strangers 😂

And still doing bugger all for the self-employed sector.

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