Beyond Currency

2 February 2021 - Sunak’s reboot close to impossible


Listen Later

"Chancellor of the Exchequer Rishi Sunak is preparing to return to the limelight in the coming weeks as both prepares a reboot of the economy and provide further support to those whose jobs have been or are about to be affected by the Pandemic.
He will begin with further support and is being called upon to extend the furlough scheme yet again. With the numbers on furlough now fairly constant, his concern is how many of those currently employed but not working will find themselves out of work when the scheme ends and/or the lockdown is eventually ended.
Sunak will discuss the issue with the Prime Minister and is sure to outline his concern that extending the furlough is pointless if those furloughed have effectively no jobs to return to.
The economic recovery from the Pandemic will provide an opportunity for the Government to invest in retraining. That will shorten both the period people are out of work and go some way towards upskilling the workforce into jobs that will be needed going forward.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
...more
View all episodesView all episodes
Download on the App Store

Beyond CurrencyBy CurrencyTransfer

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings