Why does Sunak have billions for dormant companies, but not a penny to safeguard our jobs?
Rishi Sunak: he doesn’t want to save UK jobs. Meanwhile his government is funnelling billions into companies run by friends of the Tories – who can’t deliver what they promise.
Tory Chancellor Rishi Sunak has again been urged to extend the furlough scheme that safeguards huge numbers of UK jobs during the Covid crisis – a scheme he is adamant will end on October 31.
The Commons Treasury select committee has urged him to renew support for sectors of the economy that are still suffering because of the pandemic, saying the alternative is mass unemployment and an end to viable firms.
But you can probably see the problem Sunak has in the committee’s own words:
“Effectively targeted assistance to those who need it is important,” the committee says in an 84-page report, ‘Economic impact of coronavirus : the challenges of recovery’.
“The Chancellor should carefully consider whether a targeted extension of the Coronavirus Job Retention Scheme and/or other targeted support measures might be required and explain his conclusions.”
The problem is that the UK’s current Tory government hasn’t yet had a target that it could hit.
Meanwhile…
Both Germany and France have extended their furlough schemes to the end of 2021.
Meanwhile, the UK’s scheme is set to be scrapped in 6 weeks’ time amid a second wave and new lockdown restrictions.
If the Tories don’t u-turn, millions could lose jobs.
Brits deserve far better.
— Evolve Politics (@evolvepolitics) September 10, 2020
Yes, we deserve far better. But we’re not going to get it.
Source: Coronavirus furlough ‘must be extended’ to avoid mass unemployment from October 31 – Mirror Online
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