Budget, Tax and Economy
Economists and industry figures say the "less generous" scheme could bring about "a new wave" of unemployment.
Rishi Sunak will deliver an emergency economic statement on Thursday following the imposition of new coronavirus restrictions.
We should also look at extensions to the furlough scheme, writes Stephen Crabb MP.
The UK economy has been badly hit by the coronavirus epidemic and is predicted to contract by 11.5% by the end of the year. With many businesses closing down and the furlough scheme ending in October, unemployment is expected to soar to record highs. Here we speak with Edward Cartwright, professor of economics at De Montfort University about the future prospects for workers in the UK and hear from Ryan Ward who was recently let go from his job in Glasgow despite being on the furlough scheme.
The region's reliance on tourism makes it economically vulnerable. Some forecasts estimate that up to 18,000 people could lose their jobs.
NIESR think tank says chancellor is ending the job protection scheme "prematurely" this autumn.
Britain is still on track to face biggest economic slump in 300 years, Office for Budget Responsibility warns in "very worrying" report.
Rishi Sunak delivered a £30bn mini-budget designed to save jobs from the deep recession caused by coronavirus. The chancellor again came forward with radical state intervention proposals while keeping backbench Tory MPs eager for low tax, small state economics happy. But were the plans radical enough?
Leading economic think-tank says recession triggered by coronavirus is the "deepest in history".
Chancellor also admits his bonus scheme will waste money.