Tony L
Administrator
Mass unemployment is inevitable unless they furlough people on their actual wages.
The area no one ever talks about are the countless new businesses that were too recent to get Sunak’s helicopter money and therefore will likely sink without trace. I suspect we’ll lose a heck of a lot of perfectly viable businesses right across the board that had survived their first or second years, but didn’t get to the three years acounts stage to be eligible.
PS I still feel that bail-out was quite odd in a lot of ways, e.g. it didn’t ask the claimant to qualify loss in any statistical way, only to state covid 19 had impacted their business to some degree, which basically applies to everyone. It didn’t means-test either, which again is rather strange.