How a new and improved furlough scheme could help the UK tackle recession and economic uncertainty: Pandemic-era government support allowed companies to furlough employees while keeping them on the payroll. ImageFlow / Shutterstock The UK economy is on the brink of a recession while also experiencing weeks of financial volatility following the launch of the …
Furlough had a protective effect on mental health – but it wasn’t as good as working: Prostock-studio/Shutterstock In March 2020, a few days before lockdown was introduced, the UK government launched the Coronavirus Job Retention Scheme, widely referred to as “furlough”. This scheme provided employees who were unable to work due to the pandemic with …
The end of furlough: Londoners and workers over 50 will be hardest hit – new research: Hardship will be more pronounced in the capital. Tom Parsons/Unsplash, CC BY-SA After 19 months of paying to help UK workers to stay in their jobs during the pandemic, the government furlough scheme finishes at the end of September. The …
Ending furlough will hit older workers hard – here’s how to soften the blow: Older workers are far more affected than people in middle age. KE Atlas/Unsplash, CC BY-SA UK employers affected by the pandemic have been able to put their employees on furlough thanks to the coronavirus job retention scheme, with the government covering …
Census 2021 will reveal how a year of lockdowns and furlough has transformed the UK: The 2021 census will help show the changes wrought by a year of COVID-19. K303/Shutterstock Many people may feel unsure as to whether the English, Welsh and Northern Irish census of 2021 should be going ahead, given that it’s occurring …
Furlough scheme: UK has no choice but to extend it, but there are serious risks: Surplus to requirements. Carlos Caetano Finance ministers usually rejoice when businesses and employees alike both plead for a signature scheme to be extended. But for UK chancellor Rishi Sunak, demands to continue the country’s Coronavirus Job Retention Scheme, AKA the …
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Russia’s post-Soviet transition offers warning on hidden unemployment of coronavirus furlough schemes: Can the world really press the pause button on the economy for months without mass unemployment? The experience of the Russian Federation as it emerged from the central planning of the Soviet Union nearly 30 years ago may provide some indications of what …