Rishi Sunak must decide how to protect jobs now – or risk losing his superstar status
The IndependentIt looks like we’re heading for the job retention scheme 2.0 as part of a “massive package” to support jobs. To qualify, workers would have to put in a minimum of just 10 per cent of their hours, for which they would be paid 100 per cent of their wages by their employer. An individual would have to work a minimum of 50 per cent of their normal hours for their employer to qualify for government support, and there would be a clawback available if a subsidised role was made redundant before a certain date. I wouldn’t be surprised if whatever is announced, likely as part of a package including an extension of the various government-backed loan schemes to support firms through the pandemic, looks more like the CBI’s proposal than the TUC’s but perhaps Sunak is a secret red Tory who’ll surprise us and wow the nation like he did with the furlough scheme.
History of this topic
Rishi Sunak ‘confident’ on jobs as ‘everyone is now back at work’ after furlough
The Independent
Sunak to extend rates relief and furlough
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Sunak should phase out furlough gradually and keep universal credit uplift, says IFS
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Rishi Sunak revamps Covid jobs scheme for young people after protests over bids stuck in ‘a backlog’
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Rishi Sunak’s furlough 2.0 is an ominous sign that events are outside the government’s control
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Rishi Sunak’s furlough U-turn leaves him groping for a coherent economic strategy
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Rishi Sunak is trying to keep up the balancing act but is pleasing nobody
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Rishi Sunak's 'flawed' job support scheme puts three million jobs at risk, Labour warns
The Independent
Winter economy plan: UK braced for job losses as Rishi Sunak replaces furlough with less generous scheme
The Independent
Job Support Scheme: Rishi Sunak announces plan to top up wages of workers on reduced hours
The Independent
Job Support Scheme: What will new scheme announced by Rishi Sunak look like?
The Independent
Coronavirus: How can Rishi Sunak protect jobs when furlough scheme ends?
The Independent
Rishi's grants for furloughed employees won't save jobs, warn bosses
Daily Mail
HMRC says benefits of Rishi Sunak’s job retention £1,000 bonus scheme ‘highly uncertain’
The IndependentDiscover Related
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