UK Chancellor Rishi Sunak has extended the current Furlough scheme until the end of October but he now has a huge challenge to get this right, tax and advisory firm Blick Rothenberg has warned.
Heather Self, a partner at the firm, said that Mr Sunak “needs to achieve a “Goldilocks” effect – not too hot, and not too cold. If he provides too much it will be very expensive and may discourage firms from reopening. If he provides too little thousands of people could lose their jobs.”
She added: “It is going to be a turbulent time for the labour market in the Autumn. Some sectors, such as the hospitality and touri...