Rishi Sunak no more bailouts

[Elpresidente29]

He said government cannot go on like this...

*Its time we started to pull these lazy so and so's up on their behaviour. Just because they have made poor choices often around their latest 'man' doesnt mean they can carry on like this. For people like this the pandemic wont really affect them. They will be the ones pulled up in parks because they are having picnics, letting their children run around, setting up b-bq's, their benefits wont stop, they dont even need to get out of bed these days and a number of the local food banks in the area are not asking that people are referred. They are taking people's word for it.

I honestly dont think that the teachers want to go back until Sept. They are being paid regardless*

What a load of old shite. Are you suggesting that all people claiming benefits are feckless and that all teachers are lazy?

What an excellent idea.

Yes of course.
I absolutely understand in work benefit's.
But I didn't know if it's a forever thing or just for this period.
Makes sense

‘I don't understand why people on long term uc benefits payments have been raised when most of the UK workforce are taking a 20% pay cut?
There are less places open to spend money does anyone know why it was raised.’

How else could they have done it? Universal credit payments change each month due to people’s wages shifting due to overtime, ssp, furlough. How would you have drawn a dividing line between those who for the increase and those who didn’t?

If you are long term uc and furloughed, do you get the increase or not?

If you are on long term uc and on ssp due to corona, do you get the increase?

What about if your overtime is cut due to corona, or zero hours contracts?

It would be a nightmare to make a distinction.

I think there is a big disconnect here. Firms won’t be working to their former capacity. They have insufficient orders. Design for new buildings will slow down. We won’t shop. We will want cheap imports from China anyway and won’t support British industry. Car sales are reduced by 90%. The supply chains for major industries will be decimated if their customers fail to order. Who is buying anything other than food? No one is moving house. Every aspect of commerce, manufacturing and industry is slow or not working. The idea that there will be jobs to go back to isn’t justifiable. Most business will be making redundancy plans. It’s inevitable.

The state will probably be recruiting though. Benefits especially. If you work for the state you have less to fear from redundancy but everyone else apiary from food shops, it’s bleak.

We survived on one wage for years and for many reasons. It wasn't much fun and while others took their kids to Disney , Florida we went camping. It was our choice though and things improved gradually ( never did get to the US though) but today's world is set up for two incomes for nearly everything and holidays are out the question even camping!
How people manage on UC I don't know.
Being forced onto it is doubly worse.
I've no idea how it will pan out but I bet many employers will say ' take a big cut or lose your jobs' and force people into corners or simply make them redundant.

If 50% of the adult population is currently being supported by the start, that means, assuming each half previously earned roughly the same (which they didn't but bear with me) that means their entire income is needed just to pay the benefits/furlough payments. And that's before we pay for the NHS etc.

It will be awful for a very long time but it's just not possible to carry on as we are.

@planetofthecats

Lots of money is going to people who don't need it, such as £10k grants are being given to second home owners/holiday homes. So basically the rich are being given free money and working taxpayers are going to be paying more for all this

This is so, so, so, so wrong. I qualify for this grant because my sole business is holiday lets. £10k is welcome compensation for what will end up being six months of no lettings. It is less than I would normally be earning, while my outgoings remain the same - but it will enable me to stay in my own home, and for my children to stay at their schools. I am a single parent and have no other income at all.

So please don't tell me I'm "rich" and "don't need it".

A large part of the universal credit increase is the change in local area rent rates so more of people’s housing costs are met.

Before corona, after rent, electricity and bus to work, I lived on £35 a month. Due to uc increase and no bus fares I now live on £280 a month. It is life changing.

I am assuming that the rent increase will remain as there are going to be more low paid and unemployed people, and they can’t all live in very low rent housing, and the government won’t want millions evicted.

The amount will probably be reduced to 50-60 percent furlough payments come July. This is most likely. Or he will face millions immediately unemployed

The amount will probably be reduced to 50-60 percent furlough payments come July

I think you’ll find no more furlough means no more furlough and not 50-60 percent of furlough.

As of Sunday companies will be told the plan to get people back to work. And do remember, other than the ones the government listed, most of them were never supposed to shut in the first place.

Instead of using some common sense, they shut their doors. If it leads to redundancies then the employers have themselves to blame.

The payments have been a very rough too eg sole traders with no limited company who were honest enough to declare before tax profits of £50k get zero (me) whereas those who set up a limited company or work for an employee even if on £10m a year can be furloughed £2k a month. Lots of the schemes are only for companies who pay business rates and have a lease (not a licence and not if they work from home).

And do remember, other than the ones the government listed, most of them were never supposed to shut in the first place.

Remember companies were being 'named and shamed' and crucified on SM if they remained open. 'How is a cycle shop essential?', they cried. Businesses were pressured into closing.

A lot of them were not though, they did it the morning after the announcement. Factories, offices, they just shut down immediately.

They didn’t even take a couple of weeks to work out how to operate safely. Ppe,social distancing etc, then reopen, they simply shut their doors and claimed furlough. And have done for nearly two months.

Yes the press and the public have a lot to answer for. Actually, even our local councillor was naming and shaming shops who were claiming to be essential but who he didn't think should qualify.

The take up for all these schemes has been way higher than expected because it was widely reported that only essential work could be done, which was never the case. I'm having a tree surgeon in next week, his first week back at work because he's only now understanding that actually, he never needed to close.

Yes because free money and a month off in the nicest Spring for 50 years even if you are just sitting in the garden was too good a chance to miss. I could not believe you could claim furlough even if you had masses more work than usual as long as the people you chose could sit at home and not do anything. I believe the guidance implies you might late have to prove you were short of work but it is not that clear. Those of us who get not a penny of covid 19 help from the state are likely to be the ones paying for all this next year with increased taxes.

The chancellor was up against it from the start. '
Do this, do that' the people demanded and it all had to be brought in ASAP. I'm not moaning here but to properly think it through wasn't an option really for anyone in charge.
It's not perfect but nothing ever is.

Who has got masses of extra work though? DH has half of their normal workload in April. Jobs were pulled all over the place. It’s not as if people furloughed for no reason. They don’t have the work!!!!

Shops I think are a different animal.

I talking factories, offices, all the other companies that shut down. Not shops. Who just shut the doors and stuck their hands out.

We’re all going to be paying for it through increased taxes. I expect to be doing so for the rest of my life. It’s not just you @Xenia.

My friend is the only childfree person in the office she works in, all of the others have been furloughed due to childcare (even though most have partners who are also wfh), so she has a ridiculous amount of work, as well as knowing her colleagues are sat at home doing nothing for the same pay (company are making it up to full pay). That's equality for you.

I don’t mean shops either. Not enough work equals a smaller workforce. Grads won’t get jobs. People are barely ticking over. Why would you fully staff a factory if your orders have dried up? Why would you staff any office fully with a vastly reduced workload? Working from home isn’t possible for everyone. What industry sector is bouyant right now or expects to be in the foreseeable future?

Hardly surprising. It will have to be reigned it. Government can't afford to pay employees 80% long term.

Exactly. They will move to UC. It’s cheaper. Expect the people who will not qualify for redundancy payments to be sidelined first.

www.google.com/amp/s/www.mirror.co.uk/money/uk-wage-cut-furlough-60-21977601.amp

60 percent furlough is something as proposed. However that will still be bad in the sense that many bills will go unpaid still.

Furlough although expensive has to go on. What a poster say before is true. Most people live to their income. If you are earning £3k a month after tax normally being on UC will not pay for your bills leading to a lot more defaults on bills and that affects those sectors extra job losses.

People seem to forget that one action effects the greater economy. Less people will be buying in other businesses that will cause a huge ripple effect and even higher unemployment.