Chancellor unveils £30 billion “Plan for Jobs” as mass unemployment looms - BBC News
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- Опубликовано: 7 июл 2020
- The Chancellor Rishi Sunak has unveiled a £30 billion spending programme, in the face of mass unemployment and a prolonged economic crisis following the coronavirus pandemic.
In a statement to the House of Commons Mr Sunak revealed a series of measures:
- Firms will be paid a thousand pounds for each employee brought back from furlough, and kept in employment until at least January next year
- For the under 25s there's a £2 billion pound scheme to create thousands of job placements and get young people into work
- Stamp duty has been temporarily suspended on property sales up to £500,000 in England and Northern Ireland.
- VAT will be cut from 20% to 5% on food, accommodation and attractions, until next January
- During August there will be 50% off meals in participating restaurants, worth up to £10 a head, from Monday to Wednesday
Many businesses have been struggling with a difficult decision on what to do with their furloughed employees in the months ahead. The job retention bonus scheme is offering to pay £1,000 to employers for each furloughed employee brought back and kept in work until the end of January 2021. The employee must be paid at least £520 a month.
The furlough scheme will end in October. It will have been the biggest state economic intervention since the Second World War. So what will the chancellor's new measures cost -- and how will the Treasury pay for it all?
Huw Edwards presents BBC News at Ten reporting from Political Editor Laura Kuenssberg, Political Correspondent Alex Forsyth, Sarah Corker in Manchester, Business Correspondent Darshini David and Business Editor Simon Jack.
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As an economist a part of me really, really wants to know what the long term ramifications of this will be, like this was UNTHINKABLE just last year and now it appears everything goes.
That's the life, bad things happen
Great insight David mc Williams 👍
@SEAN INGRAM it's this or austerity, what do you want?
Basic economics says governments spend during bad times to boost the economy and pay it back when times are good.
We tried it the other way round in 08 and look what happened, a one way wealth transfer thanks to all of the bailouts and a near decade long recession thanks to austerity forced by the EU (remember them and the IMF saying governments had been reckless etc, they weren't, they bailed out the banking system and it was made to seem like they'd spent it all on us)
@SEAN INGRAM The problem is. traditionally shit like this would cause inflation and a debt crisis beyond belief. now... inflation is not a problem because people are worried. demand is down. and so despite the increase in the supply of money the decrease in demand is keeping things under control. for now. and this is what worries me. "FOR NOW"
The government is printing money. It's Keynesian economics and one day the wheels will fall off. We need to let the economy deflate instead of printing money
Printing more money doesn't make more goods and services appear.
Daria K True. It's not even 'printed' either. It's just a digital entry on a PC screen. 97% digital, 3% cash in circulation. Funny money( sorry, currency)...
Money is a medium of exchange and wealth is more diverse. Money need to move across the economy to get goods and services moving.
Prepare for a huge wave of inflation. That's the consequence of this "money tree" (quantitative easing(printing money)).
"Inflation" is inflation of the currency supply not prices rising. This term has slowly been fed to most people's psyche over time and they believe that is it actually 'the cost of things rising' . They seem to think that £1 say 20 years ago doesn't get them the same amount of stuff because 'prices have risen' but it's the £1 losing its value so you need more of them to buy the same stuff. Yep QE debases the currency as does giving loans and mortgages from creating new currency and watering down the supply. All fiat goes to zero in the end
@@ef7480 yup very true
There are no lockdowns here in Scotland.
alot of cuts
Indeed. Gold price will probably rise further also.
I'm so glad that they've finally found that magic money tree.
It was probably tucked away in the sofa, along with all the missing odd socks...
We are the money tree, we just didn't know it. 🤨😳
It’s ok! They’ll make it from your taxes
Probably sold our human rights no doubt... I mean the majority of the human race work their asses off to keep these demons in power out of hell.. I don't dispute humans NEED TO BE productive... Food supplies and production purposes of course. But, education NEEDS the Major REFORM!!! 1. Criminology (humans are rebellious by nature 🤣) crime would be almost none Existence if children were taught the consequences from a younger age. 2. MEDITATION (Mental Health is a self awareness issue. Pills cannot, never will not make your brain better, EVER) 3. CONSCIOUSNESS (KNOWLEDGE OF WHO HUMANS ARE AS A SPECIES) Welcome to the 90% of your missing brain fellow humans.. us alive right now are gonna' go down in history FOREVEREVER! Say no to any vaccines. Listen to your music and meditate. Stay safe! Protect your soul and hold your power close to your heart!! 💓 to all 😆💯
@@PunXYo you're a bit loopy aren't you
@@PunXYo dude, you're literally one of those hippies i've encountered who are lovely at heart and things, but fail to understand things like this are incredibly complex. To think that crime would be almost none existent if children were taught consequences from a younger age is the silliest thing I've ever heard. And meditation while beneficial for your health, it's not as simple as meditating your issues away. People have chemical imbalances and all sorts of factors come into play with something like that. I understand that avoiding medicine that you might not need is important, but to assume that people do not need it, and will never help.. again is just silly! I'm not even going to go into your third point lol.
Where's all the money coming from. When can it be paid back? Oh, I forgot. Countries and governments never pay anything back. Only the little people who get a small bank loan have to pay it back.
What Im not paying no one fuck all I'm going to write an email
Move to a country not paying anything back ;)
Every day I see this fella on the news just throwing out the loot , talk about conservative!
Had to do something in fairness. I'm not a fan of Boris but the Chancellor is trying to help in a very difficult position. Probably should have done it long ago but better than doing nothing.
People aren’t going to the city centre anymore as people are still working from home - so I doubt this will help a lot.
Polluting Penguin - depends if you live in a "City" or not....
Speaking for myself, I imagine I'll be eating out quite a bit in August by the looks of it. £10 off a meal bloody hell can't miss that
Erm? You know people live in cities, right?
Alex yes - but people don’t tend to live in the city centres where most shops and restaurants are.
@@adithya0983 But will it though? That is my point. In London, to take the tube to and from town, will set you back nearly 10£. So I haven't really saved anything by going into town for a meal - it just evens out.
wont do a thing a majority of ppl are not furloughed anymore they allready in the redundant processs he should be concentrating on making sure benefits are enough
They should follow the US's plan of sending out millions to Kanye West in stimulus
Kanye West is a fuckin punter he doesn't know shit about comedy
Kanye will win the 2024 election. I'm calling it now.
Off The Rails damn yes I already imagine kim kardashian as first lady... it will be the most hilarious shit ever
Kanye West rocks!
@Off The Rails I did laugh but I would suggest people who think Trump is a joke follow Steve Turley ruclips.net/video/_E7MvVCmZ6Q/видео.html
I wish the BBC would... perhaps their propagandists do but just up the ante
Yes... of course there are those who’ll call Turley a propagandist 🙄 I know... I know, but at least the opposing points of view ought to show some evidence of acknowledging well formed arguments such as his.
If you want high street shops to survive you need to balance the online shopping somehow.
@Richard R well if they get charged more taxes in balance with the shops the price of the goods price would go up at the same level as the high street shops
At least the would be a little balance.
Cap spending online yo 4K a mouth watch all the f boys cry
Why do high street shops need to survive?
Some will, just not many.
High Street stores are out of date and as such only the cheapest of stores like FarmFoods or Aldi or Poundstretcher would survive because online can’t compete on price just yet and the highest end of stores like luxury department stores such as Harrods would also survive because you can not replicate the buying experience online but all the middle end stores will eventually close like Argos or Sainsbury’s or B&Q or Sports Direct will eventually close because their business model can’t compete online in terms of price and buying experience
Online shopping is the future. High Street shops need to adapt rather.
6:11 £2,000 a month to employers for each apprentaship. How much of that £2,000, will the apprentice see? I remember in days gone by, and as an apprentice. I got bugger all!!
Because you were WORTHLESS as an apprentice.
It's called economics. You should look it up.
@@MrB1923 came to tell him just that.
Kids now think they should start on the same pay as their parents not realising they bring nothing at all to the table, apprentices cost way more than folk think
@@MrB1923 I bet you had a plum in your mouth, and were fed with a silver spoon. And it's called drudgery, prick.
@@Th3_Gael Yes, your name speaks volumes.
@@johnromero1029 cheers 😁
Dude has a point though, you ever employed an apprentice?
They cost way more than they deliver
Edited to add - apprentices are a long term gamble a lot of companies can't afford, 3 to 5 years of company investment in training for them to maybe stick around when they're certified
Rishi shud be called Paul Daniels magically finding this big pot of money
They should make big companies loose £1000 for every worker that doesn't get back from furlough....
Delusion
Don't know how that would work
You live in a fantasyland.
Lawrence
Great idea!!! Get the victim as a result of your actions to pay a fine!
Lol you do realize in your scenario it would be cheaper to get rid of workers than get them back from furlough.....good job making sense
PRINT PRINT PRINT !! SCAMDEMIC !!!!!!!
Magic money tree
Everyone is using my terminology now. It's brilliant. #DrPhilos
@Sean Tottenham not marxism
Wait, what? I want my £500 shopping voucher the press were talking about yesterday not ‘up to half price off’.
1/6th of the uk's population is on furlough... that is massive...
That's a huge percentage. Amazing really. The economic data will be terrible for the rest of the year for sure. Possibly have a lasting impact on spending patterns going forward.
No one ever asks the question: "who are we borrowing all these billions and billions from?"
There not doing it for free we the ones who will pay for it
They find the magic money tree when they want to
Callum Cripps-Humphrey no shit you moron. That’s how countries are run, from tax, taxes on people, businesses, why are you surprised? And you’re probably 13, so it’s your partner s
Winston Smith it’s funny how people invariably asks "how are we going to pay for it?” Or “where is the money coming from?” When money is being used to invest in the people. But, no one never seems to cares about the ridiculously burgeoning military expenditure. The UK’s military budget sat at $48.7bn in 2019.
We're not borrowing, we're printing o_O
Lol, a grand to keep a staff member on that you have to pay thousands to a year in salary. Of course that isn't going to work, especially if a company has no work for that employee to do.
Virtually everything is back open now, if employees don't have any work to go back to they probably had a shit job in the first place.
@@DrScoob People aren't spending money at businesses so everyone has a shit job?
DrScoob why so many in furlough then if all back to work ?
@@gbjanuary never said they were back to work, only said virtually everything is open now. Employers are greedy and will steal the free furlough money for as long as possible, companies making hundreds of millions in annual profits are still claiming it instead of using their own vast wealth pool they drain the public purse.
This sums it up perfectly! Pay someone 6 months wage to do nothing, only to receive £1000 back. Even paying minimum wage the employer's at a loss of around £5k. This is a tough one!
Folks it’s going to be a hell of a ride ahead especially if lockdown occurs again, ensure you have enough food and supplies to last at least a few months, grow as much of your own food as you can, ensure you keep stocked up on meds you need, better be safe than sorry and most of all try to stay as healthy as you can and look after each other
You just hear the chancellor give nothing to the poor, so how do they do that??
2021;
EXPECT CHANGE,
BE PREPARED
Buy a gun
I'm sorry but retail was dying anyway, this is like throwing good money after bad.
My soloution is simple, Infrastructure and research. No more French, foreign owned power plants, improved roads, can you think of a better time to build and improve roads? New council homes and money for social landlords, research campuses and money for inovation. These are things we need and are long over due, boggles my mind, that tories can't see this.
Absolutely! Cant agree more. What a total disgrace Sunak is.🤦♀️🤦♀️
Conservatives wont stop rinsing thr public for their own catastrophic ineptness. Sunak has just thrown us pennies, bug in return asked us to dig deep in ours to cover their mistake of acting far too late, knowing Covid would spark a depression, the likes of which havent been seen since the war. Their own people predicted it, yet did nothing until after releasing people back to the work place!
This camera work is 50% zoom in.
There's plenty more where that came from huh huh huh.
VAT should be 5% for everything white goods TVs cars that would go some way to help the economy get going....
Black goods tend to be tax free, aka stolen.
@thebithell I'll be censored, don't worry🤣
During the crises and unemployment, TV and cars are not necessary, basic rent and food are more important
@@nurkahnert1954 I totally agree with you there but having said that people are too reliant on credit cards and trying to keep up with the Joneses people should have enough money put behind then instead of credit cards credit cards credit cards and then they wouldn't be in a mess.....
LET THEM EAT CAKE
I've got battenberg or angel. Could pop to Waitrose and get the cherry one that's pretty good and very morish...
I thought we were supposed to be broke. Where is all of this money coming from?
Which party prefers to borrow from billionaires instead of taxing them.
the conservative party
Which party prefers to asset strip the UK instead of build it up because that party wants to throw money at the billionaires.
the conservative party
Which party does not care about any of the 99.9%
the conservative party
Which party only cares for the 0.01%
the conservative party
Which party is determined to crash the pound.
the conservative party
Which is the party of traitors to OUR UK?
the conservative party
Great incentives for humanity, well done sir
Not working the systems if the money do t have same value As gold why do we used it?..
End the licence fee , that would save people money.
£1000 to keep experienced worker on payroll and £2000 for apprenticeship? 😕 I'm a Coded Black Economist in America and those numbers don't add up. The experienced worker get £500+, how much does the apprentice get? Curiosity killed the economy, I mean the cat.
Those numbers don't make sense to you because, they don't make sense mate. They are a joke, £500 is like a minimum wage, 1 day a week part time worker. The 1k to keep someone on is a token jesture that is costly, but worthless as none are going to keep someone on for that, it's nothing. But they will pay that out to big employeers.
Oh we are so fucked
@@kills26 £500is minimum wage 🤣🤣🤣 What planet are you on mate
@@jojobean9260 Earth, Aka 3rd rock from the Sun. £500.00 a month not an hour.
What planet are you on, is there more than one option, I will move.
Pubs, McDonalds hairdressers,etc all open before job centres,doctors,C.A.B. homeless people being thrown out if their temporary accomodation,it's beyond baffling
Sound is of the calibre of tony cozier,Christopher Martin jenkins,john arllot,
I'm going to guess that you didn't get permission to film any of those diners, creeping from afar
There is no expectation of privacy in a public place.
Some of you will know that in August 1914 the Banks shut down for a long weekend. The country was bankrupt and needed to fight a War. Over that weekend they printed, on one side only, The “Bradbury” £; John Bradbury was the Treasury Minister. This National Credit was created to bypass the strangulation the Central Banks had on the World economy. It bypassed the Interest paid to The Central Banks that are controlled by The BIS, Bank of International Settlements, located in Switzerland. This practice continued for some time. Note Lincoln created the Greenback Dollar during the Civil War and when he suggested continuing this process he was assassinated. JFK also talked about returning to National Credit; also Sadaam Hussein and Colonel Gaddafi. We know the history there! We need to obliterate the strangle hold the Central Banks have on us!
Stop borrowing from billionaires and tax them instead.
Public Public You don’t get, do you?
“A nation of sheep will beget a government of wolves.” ― Edward R. Murrow
Everything comes down to the pandemic.bio weapon???
Wuhan virus made in china killed 575k people in 190 countries
@@youtubersruleyoutube2348 we will never know true numbers only tragic estimates.
We will see later in the year or maybe next year. If we all start dropping like flies then yes. One thing is for sure any talk of a vaccine is absurd. Just profit seeking by big pharma. People need to be healthier and use their immune systems. Basic common sense. People in the UK drink far too much still. If we want higher life expectancy this culture needs to change. They seriously stigmatise smokers but alcohol can be worse for most people. Do both to excess and the cancer risk increases significantly.
The only positive to come out of this is the chancellor not big on politics but he been quite impressive
He should be in the new series of 'The Fall Guy'.
3:33 boris saying eeeeroroeererr lmao this man is our prime minister and although his brain consists of dried honey and apricots he is a national treasure I can’t lie😂😂
National treasure, possibly, but also a national liability
Wonder if the funds will actually go to the businesses. Unlike the U.S. where major corporations got the funds that small businesses were to get
It took 182 years (1833-2015) for the British taxpayer to pay off the slave trade compensation bill. ( Rothschild arrangement) How long to pay this to pay this lot off?
So can we expect the new passport to be printed in THIS country, new railway rolling stock to be made in THIS country. The list is endless.
What about job seekers ?
Forced voluntary work in a charity shop.
omg wont they just dump the workers they have working now and bring back the 1s furloed for a grand each ? and any 1 over 24 is doomed if there going to pay the wages of a 16 -24 year old why have a worker 25 or over and have to pay them ???
WHERE ARE THE FACE MASKS?!
Looks like us younger generation are screwed... 😥 that's it!! This summer imma learn Spanish as a skill and maybe some other skills. This is tough times, so no times to relax!! Goodbye my video games... you will be missed but my livelyhood and future depends on it. 😭
@Halima Umar Isa I'm going to note that down. Although I hate the math in economics, I will try give it a shot. Thanks.
@Halima Umar Isa that is definitely true. Mental health, AKA the depression can cause waves of constant unrest. I had it for 4 years and its horrendous. Imagine feeling sad not once but everyday of your life?
@Halima Umar Isa mine are on and off as well :/ and 14 years is ALOT. I dont think I can even fathom how you are feeling right now. It's never ending, I feel you. It's like being in the bottom of a abyss. Sad times. 😥
Learn Excel, VBA and Python
There are broadly three problems to deal with here...
The failure of osbourne and may that has made the far right fail in economic policy bringing homeless ness and food banks to our streets.
The last 6 years of total political collapse of the two party system, radical change is been resisted by the gravy train in westminster as a drag on economic growth. What needs to be acheived by the 1st December is a reduction of MPs to 520 from 650. The maximum of two election terms in office. The lords becomes an elected technical house drawn from the trade,professional bodies with one six year term and a halving of lords to 440 elected members.Exclusive membership of each house is required. This needs to be done to pay for the restoration of the parliment, the savings muust be passed on to the severely disable blind and social care.
The CV19 pandemic and the changes for the future. The main issue which has been exposed here is the amount of regressive taxation this country has which has been holding back economic growth. From the now redundant TV license,standing charges for utilities,parking charges in the high street which have killed the high street and jobs.
Stop wasting our money !
The announcements have been a disaster so far with 60 % of the countries wealth been handed out to people who already have money. The stamp duty scheme is shere waste championed by the only winners which are tory developers and donars at our expense.
Close every job centre and make them into government payment centres for VAT,income tax, pensions, citizens advice,council tax, grant applications and road tax. Why would you waste money employing job coaches which are another layer of burocfrfacy between the employer and the employee. Osbourne tried this it failed completely.The money is best spent on giving incentives to the professions and trade organisations who control the jobs.
The positives here are the help for the the severely disabled blind and the over eighties who will receive 80 % grants to have solar panels fitted to their homes to stamp out power poverty and create jobs.
As part of the Royal commission announce after the austerity riots by the primeminister for the severely disabled and blind. The charities are waiting for an announcement of the commencement date for all government contractors to employ 5% severely disabled blind as a condition for awards of government contracts. It is complimented to retain them in full time work of business rate discounts of up to 15% to keep them in work.This is the only group that the law provides such protections and quotas.
Charities also welcome the final agreement with the UN for the restoration of the correct levels of income for the blind as determined by UK treaty and the additional compensation paid.
Universal credit.The most beneficial economic boost would be to remove all meanstesting of benefits, sanctions and treat benefits as topslice income for taxation for UK citizens who have under taken the 18 years qualifing period to receive benefits. Meanstesting costs the taxpayer more than it saves and is an ideology that 'keeps the poor poor and the rich rich.'
The chanceller now needs to announce income tax rises to add to savings at westminster and borrowing measurers.
CV19 measures that are yet to be announced are grants for businessess to adapt their premises to CV19.The RICS has been very slow to announce that the HSE legionella legislation for buildings will be updated to provide a doubling of fresh air changes per hour for all commercial public premises. Patients in the community and carers in the community are required by law to receive PPE equipment masks by friday. How is this going to be done since they have been waiting since the first week in march for these iitems which must be legally supplied.Investigations conclude that local authorities and individual staff have held onto the limited supplies breaking the law.
Just one billion for me please🙏
Fancy taking a pay cut to help pay for all the problems you highlight!
With the loss of jobs, along with staff taking pay cuts & the streamlining of businesses, in the country, along with the Govt. costs.
The BBC should take a leaf out of what’s happening, too the rest of the country.
Do we need two members of staff doing one persons job, reading the news & on the one show.
Do we need so many staff on the beeb, corespondents, news readers, editors, even statistic experts, etc.
Do we need these members of staff, of a public body, being paid so much, when front line staff, are on much, much less.
They should rationalise & the staff who keep their jobs, should take a drop, which should be more realistic, for what they do.
1st. Can I have a job with no contact please?
Rishi Sunak is amazing 👏 he is a Multicultural success story 🇬🇧
In about a year he and Boris will be the most hated men in the country.
Ha ha' eat out to help out' what a load of old bollox. How about ' build an extension to help out' or ' write off a years mortgage payment to help out' . Interest base rate will stay low as there isn't enough tax revenue to service the interest on the ' national debt' created from nothing. How do you pay interest on nothing?
Now why would they want to do a sensible thing like that?
Well, lucky I secured a job last year then isn't it 😂 as an 18 Yr old, they've just made it a whole lot harder for me. Good luck to anyone this affects ❤️
Poor u
@@Playgirlcartierbracelet1 there's literally no reason to be spiteful here 💀
@@akiraishere9319 I did not mean it in a rude way I wanted to say I was sorry for you
@@Playgirlcartierbracelet1 oh okay, I'm sorry for misinterpreting. Hope you're handling lockdown well :)
@@akiraishere9319 it okay
A second wave would be the nail in the coffin for our economy as we know it
He's not social distancing in the restaurant they're, is he
Wait, so the plan to give every adult £500 is not happening.😪
Sad
Use the foreign aid budget to pay for it, rather than send it to countries that dont need it
And self employed people?
Why don't we just cancel Hs2 and put a 100 billion in instead
Sounds like Tony Blair the chancellor.
Nothing will get better while the restrictions remain. People will not feel it’s worthwhile to queue for goods when they can just buy online.
No one will go into a pub or restaurant when there’s so many rules it practically makes going out to socialise when there’s so many rules just not worth it anymore
it doesn't go far enough and doesnt address closing businesses. Quite strange reducing vat on food and giving a discount for restaurants in the same Bill. for most people with children working national minimum wage it's just cheaper to make meals. it's not going to encourage me I'm afraid.
Could you anyone please explain or advise on financial support amid coronavirus related quarantine or lockdown to low-intelligent Japanese government?
Here's an idea... just open everything up.
You've seen how that went down with pubs.
People are just so crazy about going out to a pub to spend £3 on a beer when they've been buying packs of 4 for £4!
"I MUST SPEND £3 ON BEER, I MUST DO IT NOW!!!"
Now some of them are having to reclose due to irresponsible people and way too many people.
@@MrPianoMan Actually apart from a few isolated incidents that were heavily reported on by the biased anti-drinking culture media it was a pretty uneventful night. Oh and some of us have this thing called a social life and drinking cheap supermarket beer at home doesn't quite cut it.
Austerity just wasn't creating enough dependency.
the billionaire wealth accumulation addicts, like any junkie, can never have enough.
brexit was funded to crash the pound so C19 is manna from heaven for the billionaire's flunkies the conservative party.
Never before in the field of government borrowing has so much been borrowed instead of taxed from so few at everyone else's expense.
a self employed person waited 3 months for payment in may most are now struggling having caught up with bills ect and have nothing and wating till mid aug witch is miles away ?redundancies are now he should be giving employers money to keep people on now helping companys to build and get redey to take people back of furlo instead of half price meals and tourism ?? out of touch gov
They should give universal credit and end the issue
Why that tax wasn't on our wages? We pay 5% tax whenever we get paid. No they want you to spend money after losing your job. This is just for companies and not actually for people 😒 🙄
So we borrow from the eu and then have to stay to pay it back 👌🏻
look its new times for everyone lets just get on sort out as best as we can
Continuem me mantendo em contato ....
Cut VAT, but how the reduced tax rate is enforced and delivered to benefit the people? Food prices have increase generally, does the government work for the public????
The Green Homes Grant at 0:38 is already in operation, as it is paid for by the unwanted green taxes added to our fuel bills!
Besides the usual loft insulation they started doing attic and cellar insulation.
This isn't 'new money', rather just old green taxes rebadged.
I don't think it makes sense he'll give £1000 for employers to get back to work.
But unless the government say events can run again then none of this helps me out plus a high percentage of people that are in my industry goes on benefits from August with only some that will be paid till October.
What about Homelessness?
W Refrigerators What about Black Lives Matter?
Spend with what?
So about that magic money tree...
FOR SALE.
Deck chair on the Titanic - £10 off.
Deal of the century. 🙄
Vik using his twitch revenue
He streams on youtube mate
People who are going to buy property and go to restaurants are wealthy people.whats on the table for low income people they can barely afford food from a supermarket
Halima Umar Isa o
@Halima Umar Isa stop spreading lies... You obviously have ten kids on benefits
💥💥IMPORTANT💥💥
Freeze prices on Food goods NOW, otherwise allot of shops will increase their prices to account for the vat.
I can gurantee I won't be seeing a 15% price drop on products, also wake up trading standards, it's disgusting how much some items have increased in price.
Rishi....'Here is a fiver for everyone now, but when the dust has settled, everyone will have to pay back £150,000 each!'
We need increasing consumers and markets, but how are we sustaining the number of employment ? Who will pay for the workers? Tell me! We can't just say it without effective plans.
Britian economy just keeps on dropping.
Is any economy growing?
@@youtubersruleyoutube2348 ye China
@@Whoshotmyrifle
They have 1.4 b people though😫
Also China is not really growing.. CCP edit figures and cover up systemic problems.
@M S well if things are going to tank they might aswell tank more so we can clean the swamp
Meanwhile in the US...
Is going to shit.
9:46 Like the hell she needs any persuading to go out and eat.
What should I believe ? There is too much information of Coronavirus and its effect to economy....
Do you think that while the Bank of England is printing money that has no value except on paper, that I could have a billion pounds as well? I’ll pay for the paper with the paper money they give me. Government financial policy in a nutshell.
just another 30 billion added to public debt
I lost my job and am know no working so i bored at home
We are done
I am self employed how can I claim gradully is better not gave them 9.4 Billions rediculous
Where is all this money coming from?
us, eventually
The CoE wants to take the country to brunch. Trying to save smaller and inefficient eateries is building a "false hope" and delaying the inevitable closures. As painful as it becomes, these funds might be better spent on practical training and apprenticeships for the young and underemployed. That is building for the future recovery.
there would be absolutely no such thing as unemployment in an intelligent world that made it financially worthwhile for people to SHARE the jobs they NEED people to do and worked LESS, sadly this isn't an intelligent world.
30 billions that is a joke hardly enough
We all know that we will be kicked with a huge tax increase to pay for all this in the future. So people will just keep saving.
They'll be knocking on your door soon wanting that money back
What happened to austerity? Looks like they found a forest of singing ringing money trees.
What a mess