Reply to: Furlough

[Drei]

What about furlough fraud? I have just been told by a mate in the construction business that the employer told him they want to pay cash in hand because of how covid is affecting them... let me guess, they will claim furlough, get the workers to keep working and pay them %20 since %80 is covered by the government)

Why else would they ask about cash in hand?

[northernladuk]

Why are you asking me? Old greg started it.

Yes and no

[scooterscot]

Why are you asking me? Old greg started it.

[Whorty]

Gold may well hold its purchasing power through deflation, but not its value i.e. spot price. I still expect the dollar shortage to drive up demand to silly levels even in the face of deflation.

3-month chart seems very bearish to me.

What's this got to do with the furlough scheme?

[vetran]

Now you're asking the right questions.

Agreed with Vetran. I feel dirty.

Don't worry its nearly Friday, you can wash after your night at the docks tomorrow.

[vetran]

That's unfair.

Many Immigrants have get up and go.

FTFY

[scooterscot]

Sounds about right, I was chatting to a teenager from Durham and she was telling me that she still hears people complaining about the coal mines closing. Her parents are first generation Ghanaian immigrant care workers and she is off to University, if they can find work having come across the world and send their kids to Uni what excuse do the natives have?

Now you're asking the right questions.

Agreed with Vetran. I feel dirty.

[SueEllen]

Sounds about right, I was chatting to a teenager from Durham and she was telling me that she still hears people complaining about the coal mines closing. Her parents are first generation Ghanaian immigrant care workers and she is off to University, if they can find work having come across the world and send their kids to Uni what excuse do the natives have?

That's unfair.

Immigrants have get up and go.

[vetran]

This is a crisis. Get me two pencils and a pair of underpants.

Sounds about right, I was chatting to a teenager from Durham and she was telling me that she still hears people complaining about the coal mines closing. Her parents are first generation Ghanaian immigrant care workers and she is off to University, if they can find work having come across the world and send their kids to Uni what excuse do the natives have?

[scooterscot]

It will be like the coal miners all over again the writing is on the wall in a big fecking neon sign but for decades the ones that don't escape will blame the Tories.

This is a crisis. Get me two pencils and a pair of underpants.

[vetran]

Fruit picking, jam production, and noshing European lorry drivers in Kent.
.

wow your CV is short!

[scooterscot]

Gold may well hold its purchasing power through deflation, but not its value i.e. spot price. I still expect the dollar shortage to drive up demand to silly levels even in the face of deflation.

3-month chart seems very bearish to me.

[Whorty]

Furlough 2.0 will look very different and will cost a lot less if the briefings/leaks are to be believed. You’re looking at a few hundred million per month in wage subsidies vs. several billions on furlough. Unemployment is going to spike bigly either way and larger firms will already have put staff on 45 days notice. The next deadline is 1 October for 30 days, which is what they’re aiming for.

The furlough scheme so far has cost about £40bn. The cost of HS2 is estimated to be £55+bn (and given how government projects run we know it will far exceed this). So, in the scheme of things, given how the furlough has helped it's not been too expensive (relative to a single project).

News alert - looks like current furlough scheme is ending anyway.

[GhostofTarbera]

BBL - 10 years now

Get in


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[Old Greg]

now we are so far into furlough we should start retraining people to do other jobs in the industries that face major redundancies.

It will be like the coal miners all over again the writing is on the wall in a big fecking neon sign but for decades the ones that don't escape will blame the Tories.

An investment of a £1-2K retraining as a Green deal technician, security guard, Truck Driver, customs officer, Health worker or IT technician etc. Would be a good idea. I would start with the companies who managed to mis claim furlough.


Hundreds report employers to HMRC over furlough fraud - Personnel Today

Fruit picking, jam production, and noshing European lorry drivers in Kent.

Customs officer is daft, because Brexit is going to remove red tape.