Rishi Sunak's furlough support scheme fails to reassure Britons
by Larry Elliott Economics editor from on (#52CY3)
Perceived job security at lowest level ever in IHS Markit survey amid coronavirus crisis
Government action to prevent people being laid off during the Covid-19 crisis has failed to reassure people in the UK about their jobs and their financial wellbeing, a survey has reported.
On the day that the chancellor Rishi Sunak's furloughing scheme to subsidise wages formally opened, the snapshot of household finances from IHS Markit showed the fastest drop in confidence since the survey began during the depths of the last recession in early 2009.
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