Government to front 80% of wages up to £2500/month

[mrdonuts]

does it cover gig economy workers, what about umbrellas,what about people whose pay is made up of bonuses?

[dx4100]

but ultimately we all should have been preparing for something like it

I agree with you in general but do please push off... No one could of foreseen or been prepared for this tulip show....

My wife has just gone long term sick and I reckon I can survive until Oct (better than most in the country) but with 2 kids, mortgage, pcp payments etc and the chance of economic disaster beyond anything ever seen before - I couldn't of seen this tulip coming...

[CheeseSlice]

So er.... anyone thinking what I'm thinking?

I was thinking we're going to end up with hyperinflation given that BoE is now printing bucketloads of money for this?

Or, were you thinking "how do I get some of that free money!!"?

[dx4100]

So I am currently being paid via a Umbrella (thanks cancelled IR35 reforms)... (contract until end of May luckily)

Do we think I can now switch payments to my LTD and take advantage of this scheme ? or does the fact I am "working" mean I can't... Presuming if you are actually "working" you can't ?

I am looking long term here and not looking to make a quick buck... I am in 100% family protection mode at the moment and trying to work out how I can best drip feed out the money I have in the best way to keep my head above water before turning to benefits and defaulting on payments... Like a lot of us no doubt...

[eek]

I was thinking we're going to end up with hyperinflation given that BoE is now printing bucketloads of money for this?

Or, were you thinking "how do I get some of that free money!!"?

One way or another we are about to discover in Modern Monetary Theory is valid or not. The question is going to be supply.

[caffeine man]

This is such a terrible idea. For how long will this be paid? You should not interfere in the markets.

companies would not close their doors to customers under normal market conditions. Since the government insists on isolation and company closures, they should also compensate for the money lost.


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[HoofHearted]

No one could of foreseen or been prepared for this tulip show

could/should/would *have*

[scooterscot]

And they said Corbyn was socialist

Super flying TNT kudos

Guess there’s no point on releasing the Russian interference report now that we’re fast turning into a Russian federal state.

Remember the good ole days in liberal EU they’ll say fondly in the years to come as the serfs are slaving away in Manchester proximus Gulag

[scooterscot]

This is such a terrible idea. For how long will this be paid? You should not interfere in the markets.

Exactly. Capitalism will come to you like an asteroid otherwise.


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[mrdonuts]

So I am currently being paid via a Umbrella (thanks cancelled IR35 reforms)... (contract until end of May luckily)

Do we think I can now switch payments to my LTD and take advantage of this scheme ? or does the fact I am "working" mean I can't... Presuming if you are actually "working" you can't ?

I am looking long term here and not looking to make a quick buck... I am in 100% family protection mode at the moment and trying to work out how I can best drip feed out the money I have in the best way to keep my head above water before turning to benefits and defaulting on payments... Like a lot of us no doubt...

my guess is end of may your umbrella can pay you 80% till you get a new gig