Sign up to save your podcasts
Or
Share 6 November 2020 - Furlough scheme to last until March
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
6 November 2020 - Furlough scheme to last until March
"Yesterday, the Bank of England and Treasury joined forces to provide support to the economy, and those most affected by the Coronavirus Pandemic.
Andrew Bailey, the Governor of the Bank of England announced that the Bank would increase the level of its purchases of Government debt from £300 billion to £450 billion.
Despite his own concerns over the level of borrowing needed to fund an extension, Chancellor Rishi Sunak announced in Parliament that the furlough scheme under which the Government funds 80% of the wages of those furloughed would now last until next March.
"
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.
View all episodes
By CurrencyTransfer
5
11 ratings
"Yesterday, the Bank of England and Treasury joined forces to provide support to the economy, and those most affected by the Coronavirus Pandemic.
Andrew Bailey, the Governor of the Bank of England announced that the Bank would increase the level of its purchases of Government debt from £300 billion to £450 billion.
Despite his own concerns over the level of borrowing needed to fund an extension, Chancellor Rishi Sunak announced in Parliament that the furlough scheme under which the Government funds 80% of the wages of those furloughed would now last until next March.
"
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.