Furlough For How Long?
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Government's Decision to Extend Furlough Scheme
Insightful discussion on the government's choice to extend the furlough scheme by four months, transitioning to flexible furloughing, allowing part-time work, and maintaining current support levels. Challenges faced by businesses in various sectors, uncertainty about the reopening timeline, concerns about job losses, and the economic crisis are highlighted. Dialogue on the enormous cost of the scheme, potential recession, and future choices regarding borrowing, public spending, and taxes provide a comprehensive view of the current economic challenges.
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