Displaying items by tag: furlough scheme

The UK's economy grew 5.5% between April and June as spending surged after lockdowns. However an investment and markets analyst said, ‘Any hope that the end of the furlough scheme would solve the supply chain crisis is likely to be wishful thinking. There will be a big mismatch of skills and experience between those leaving furlough and the jobs on offer.’ Jess Pitman was furloughed from her job organising trips abroad to raise money for charities, but travellers cancelled when Covid hit. The company's payroll has reduced from 27 to 5. Furloughing has finished, and Jess will return to work part-time, topping up her income with freelance work. To counteract furlough finishing, a £500m Household Support Fund will provide a lifeline for those who might struggle to keep up with their winter bills for food and utility. Local councils will give the grants to cover essential costs.