IFS analysis of chancellor’s plans to be published as Sunak takes to airwaves this morning
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Here is the moment the chancellor got his orders mixed up while serving customers – and not wearing a face covering – at a Wagamama’s in London.
Chancellor Rishi Sunak walks into confusion when he takes a meal to the wrong table.
The chancellor Rishi Sunak is doing the morning broadcast round this morning, and has just told Sky News that jobs are at risk unless economic activity returns to normal.
We’ve moved through the acute phase of the crisis where large swathes of the economy were closed. We’re now fortunately able to safely reopen parts of our economy, that’s the most important thing that we can do to get things going.
But we won’t know the exact shape of that recovery for a little while – how will people respond to the new freedoms of being able to go out and about again. We have to rediscover behaviours that we’ve essentially unlearned over the last few months.
We acted at the beginning of this crisis to protect as many businesses and jobs as we could, with initiatives like the furlough scheme and the unprecedented support that we have provided to business.
We did that so that when we emerged from the other side of this crisis we could bounce back as strongly as possible.
No. I’ve been very clear that we are not going to be able to protect every single job and it would be wrong of me to pretend otherwise.
There are going to be difficult times ahead and… there are forecasts for people predicting significant levels of unemployment. That weighs very heavily on me.
“We can’t protect every job and it would be wrong of me to pretend otherwise.”
Chancellor @RishiSunak says there will be difficult times ahead but he hopes the furlough scheme and other measures around jobs training announced yesterday will improve opportunities. RH #KayBurley pic.twitter.com/3AxWLjbqbI
Continue reading… Source: The Guardian: UK coronavirus live: Rishi Sunak warns 'there are difficult times ahead' ———