Tag: mass

Covid-19: New Jobs Support Scheme ‘will not stop mass redundancies’

Related Topics Job Support Scheme (JSS) image captionTourism plays an important part in Scotland’s economy The new Jobs Support Scheme announced by the chancellor will fail to prevent mass redundancies, the Scottish tourism sector has warned. Rishi Sunak said the government would top up the wages of workers in “viable jobs”, with staff getting up to 77% of their normal… Read more →

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Furlough ‘must be extended’ to avoid mass unemployment, say MPs

Image copyright Getty Images The UK government should consider a targeted extension of its furlough scheme, MPs have said. The coronavirus crisis risks mass long-term unemployment and viable firms could go under without support, the Treasury Select Committee has warned. However, a blanket retention of the scheme would not be good value for money, it added. The Treasury said it… Read more →

Caution means mass return to work unlikely, say firms

Image copyright Getty Images Businesses remain cautious about the latest lockdown easing for England, and warn that any mass return to work immediately was unlikely. The British Chambers of Commerce said companies still needed “crystal-clear official guidance” on a safety. And the Institute of Directors said “there is a significant amount of caution out there” in the country. New guidelines… Read more →

Sir Tom Hunter: Social distancing rules could mean mass job losses

Image caption Sir Tom Hunter has warned governments against “hiding” behind science when considering reopening businesses Leading figures in business have warned of mass unemployment in Scotland when the furlough scheme ends. Scotland’s first ever billionaire, Sir Tom Hunter urged the Scottish and UK governments against “hiding” behind scientists to keep “nonsensical” social distancing measures in place. He called for… Read more →