Rishi Sunak Britain Government crisis prevention Coronavirus Rishi Sunak Britain

Coronavirus crisis could cost UK more than six million jobs for good

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www.mirror.co.uk

More than six million jobs could be lost for good in the economic aftermath of the Covid-19 crisis. Predictions of a “culture changing” wave of redundancies come as the Government warns its furlough scheme will come to an end in November.

Unions have appealed for the creation of a “national recovery council” to ease the misery facing millions of families whose incomes are set to disappear.

There are fears the unemployment rate could rise to an estimated 20 per cent as more than 250,000 firms begin laying off staff because they cannot pay wage bills.

More than 8.4 million workers are having 80 per cent of their wages paid by the taxpayer under the job retention scheme, likely to cost £100billion.

Read more on mirror.co.uk
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