Furlough

Discussion in 'Bulletin Board' started by BobT, May 12, 2020.

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  1. BobT

    BobT Well-Known Member

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    Extended until the end of October.
     
    BobT, May 12, 2020
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  2. Redstone

    Redstone Well-Known Member

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    Huge decision, hopefully it will allow more businesses to survive by perhaps opening in a reduced form with lower staff levels.
     
    Redstone, May 12, 2020
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  3. Stephen Dawson

    Stephen Dawson Well-Known Member

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    That's excellent news. I feel a bit safer now and my shoulders have dropped slightly.
     
    Stephen Dawson, May 12, 2020
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  4. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Contributions by employers from the end of July, but those details will follow at the end of May.

    Not sure how that will work for those businesses with zero income but it's a very welcomed announcement
     
    Loko the Tyke, May 12, 2020
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  5. Marc

    Marc Administrator Staff Member Admin

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    Obviously a welcomed announcement, however I really do hope people are bracing themselves for the aftermath of all this.
     
    Marc, May 12, 2020
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  6. kestyke

    kestyke Well-Known Member

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    Gordon Brown finished paying off the National debt for WW2 in 2006 I read somewhere. Perhaps the Right Honourable minister for the 1800's, Rees-Mogg will be in his element soon. A lot of financial pain; moths in our wallets and empty pockets, in the years to come, I fear.
     
    kestyke, May 12, 2020
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  7. man

    mansfield_red Well-Known Member

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    Absolutely necessary to help people in the short term but the next decade doesn't half look bleak
     
    mansfield_red, May 12, 2020
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  8. joh

    john coucom Well-Known Member

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    I need to go back to work in grafting more at home than I do at work
     
    john coucom, May 12, 2020
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  9. Redhelen

    Redhelen Well-Known Member

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    Does that mean you're a slacker at work!!??
     
    Redhelen, May 12, 2020
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  10. LiverpoolRed

    LiverpoolRed Well-Known Member

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    Good move!This will ease a lot of the worry people are feeling - especially those in hospitality industry who may be some of the last to return to work. Part time furlough also will help with bringing people back in shifts ...... think there would be massive outcomes whatever he would have done.
     
    LiverpoolRed, May 12, 2020
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  11. Stephen Dawson

    Stephen Dawson Well-Known Member

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    It means firms are less likely to get people back into work earlier than necessary and takes strain off public transport.
     
    Stephen Dawson, May 12, 2020
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  12. joh

    john coucom Well-Known Member

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    No it means my job is easier than doing endless decorating and gardening and homeschooling
     
    john coucom, May 12, 2020
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  13. Stephen Dawson

    Stephen Dawson Well-Known Member

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    I agree. Laura needs a medal. I realised how hard it is trying to do household chores and look after a seven month old baby is. I was ill for three weeks but the rest of the time in isolation there was never a spare moment which you do get at work.
     
    Stephen Dawson, May 12, 2020
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  14. BarnsleyReds

    BarnsleyReds Well-Known Member

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    I was told the other day that in the US those 20 million unemployed are getting their full salary + $600/week for 3 months, then $900/week after that on average (they’ve added $600/week onto unemployment payments)

    So I know we’re going to have a lot of national debt, but nowhere near the US.
     
    BarnsleyReds, May 12, 2020
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  15. Redhelen

    Redhelen Well-Known Member

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    That sounds more generous than I'd imagine Trumps regime to be .
     
    Redhelen, May 12, 2020
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  16. red

    redrum Well-Known Member

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    Gordon brown wasnt prime minister until 2007 was he?
     
    redrum, May 12, 2020
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  17. Stephen Dawson

    Stephen Dawson Well-Known Member

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    Yeah but he still sold the gold reserves.
     
    Stephen Dawson, May 12, 2020
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  18. red

    redrum Well-Known Member

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    I bet his mates illegal war wasnt cheap we have been paying for it ever since.
     
    redrum, May 12, 2020
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  19. Redstone

    Redstone Well-Known Member

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    Maybe a little, firms are still going to be losing money so they will want to open up if and when they can. More importantly it means they are less likely to lay staff off if the either can't open or can but aren't as busy. As @LiverpoolRed rightly says we are looking at a lot of suffering whatever approach. Redundancies are inevitable, this hopefully will a- reduce them and b-delay and stagger them. Which is better economically than a all out crash right now.
     
    Redstone, May 12, 2020
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  20. Jay

    Jay Well-Known Member

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    You were told wrong mate. I'm at work and can't link you to an article at the moment but that is miles off the truth.
     
    Jay, May 12, 2020
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