Business leaders: extend furlough to avoid millions of job losses

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Sunak urged to offer ‘second wave’ of financial support to avoid massive unemployment and bankruptcies

The chancellor Rishi Sunak is under intense pressure this weekend to offer a massive “second wave” of financial support to businesses within weeks amid growing fears of a catastrophic early summer of spiralling unemployment and company bankruptcies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If the furlough scheme is extended into July, there is a more realistic chance that by then treatments will have improved! That will mean there was a tangible benefit to this lockdown RishiSunak By all means, recoup by tax later. But for now, save lives!

It p*sses me off no end that people are sitting at home, while I have to take the risk to go to work. In many cases, they are getting paid more than me for doing zilch. To be fair, it should have been a temporary universal income payment.

millions of self employed are now forgotten.50k threshold grant needs to change 2 people in a household can make 50k each they will now get 5k per month, I earn just over 50k before tax and get nothing.2 children and my wife , I can’t work due to restrictions no Financial help.

This sounds like lefty nonsense. Extending furlough will simply encourage people not to go back to work.

NO. endthelockdown Get everyone back to work. The tax burden afterwards will be unbearable. Are you a newspaper for the workers or for the richest man in the world? Choose.

It probably will be extended ..

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Billionaire who hired Trump allies for $50,000 got millions in small business loans'The government is picking winners and losers' The picture of Trump looks like he's try to release some wind i dont understand why it is constantly highlighted in the media about “Trump allies” and people with connections to “Trump allies” when they recieve small business loans. the president doesnt hand pick every business who gets a loan... The Swamp in action. Still. COVID19USA realDonaldTrump ImpeachedForever EverythingTrumpTouchesDies DettolDonald TrumpIsALaughingStock LikeSmart
Source: The Independent - 🏆 80. / 59 Read more »