Reply to: plenty worse off

[dx4100]

little do they know of the impending tulip that's going to hit the fan.

That is why you don't let it get to you... If you are still working then you are in pound seat in the long run...

[The Spartan]

A bit pessimistic with a low tax party. Though we will have to pay for this mess somehow.

Indeed they will, but I'm not sure why those that are not on furlough should cop for it as well. I'm probably a bit bitter as everyone else in my street is having a whale of a time being paid 80% to decorate their houses and gardens whilst actually earning more because they have no expenses etc, little do they know of the impending tulip that's going to hit the fan.

[elsergiovolador]

A bit pessimistic with a low tax party. Though we will have to pay for this mess somehow.

They seem to be taking the Labour route. Make everyone poor and then promise few pounds here or there in exchange for a vote.

[vetran]

I think it will be that HMRC sees company saves money on rent and maintenance of the office as employees work from home and is going to ask Chancellor to raise the tax accordingly so that any gain company has will go to the taxman.

A bit pessimistic with a low tax party. Though we will have to pay for this mess somehow.

[elsergiovolador]

The government could use the situation to change the way many of the companies operate and safeguard industries if they wanted.

I think it will be that HMRC sees company saves money on rent and maintenance of the office as employees work from home and is going to ask Chancellor to raise the tax accordingly so that any gain company has will go to the taxman.

[vetran]

I'd have thought more like 100% of those who have any savings must have been affected. Perhaps a few canny people saw the stock market crash coming and knew what to do but daresay most of us didn't.

I think it is more 20% are using their savings to survive.

[vetran]

That is in reality a huge circle to square. Cherry picking an industry like aviation. Its hard to see how you change it, keep it viable and if you can't whats the point in safeguarding it ?

I think the reality is we are all going to have to accept the default risk of various industries and the risk of both using those services and working in them.

Hearing Teachers today talking about only wanting to return to the classroom when it is safe - it won't ever be safe - and it never really was (flu - meningitis - chickenpox).

Aviation has many challenges in this situation but as part of the tourism industry there are many things we can do.

I was thinking more of the transition of shops to online, manufacturing to use more robotics , the rise of automation etc.

[xoggoth]

20% saying their savings value is being affected

I'd have thought more like 100% of those who have any savings must have been affected. Perhaps a few canny people saw the stock market crash coming and knew what to do but daresay most of us didn't.

[dx4100]

The government could use the situation to change the way many of the companies operate and safeguard industries if they wanted.

That is in reality a huge circle to square. Cherry picking an industry like aviation. Its hard to see how you change it, keep it viable and if you can't whats the point in safeguarding it ?

I think the reality is we are all going to have to accept the default risk of various industries and the risk of both using those services and working in them.

Hearing Teachers today talking about only wanting to return to the classroom when it is safe - it won't ever be safe - and it never really was (flu - meningitis - chickenpox).

[vetran]

Perversely staying at home reduces some expenses, but also kills lots of jobs

The government could use the situation to change the way many of the companies operate and safeguard industries if they wanted.

[AtW]

Perversely staying at home reduces some expenses, but also kills lots of jobs

[vetran]

tulip is going to hit the fan in the coming weeks /months. Lots are going to have a massive wake up call when furlough ends and the jobs really start to go.

Yep its going to get nasty unfortunately.

[dx4100]

Imagine being Bean's Mum, stuck indoors trying to home educate him.

tulip is going to hit the fan in the coming weeks /months. Lots are going to have a massive wake up call when furlough ends and the jobs really start to go.

[Old Greg]

Imagine being Bean's Mum, stuck indoors trying to home educate him.

[elsergiovolador]

Probably we will have to change name to Been Better Britain or just BBB to save on the ink.