LONDON - Extending Britain’s furlough scheme would leave some workers trapped in false hope that they could return to their jobs after the coronavirus pandemic, British finance minister Rishi Sunak said on Friday.
With redundancies mounting, opposition politicians and think tanks have said Sunak should extend the Coronavirus Job Retention Scheme - due to expire at the end of October - until the economy is strong enough to support more at-risk workers. “It’s wrong to keep people trapped in a situation and pretend that there is always a job that they can go back to,” Sunak told BBC Radio Scotland.
Last week the National Institute of Economic and Social Research, a major think tank, said closing the furlough scheme early would be a “mistake” that would cause surging unemployment.The BoE said it estimated 7.5 million workers had benefited from the furlough scheme at its peak, and that 4 million had now returned to work, while 3.5 million were still on furlough.
`Hardship lies ahead` means 'We are coming to take everything.'
Except for the banks & their benefactors.....
Unless of course you are related to a member of the gangster government in which case you’ll be in clover.