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"Seems to be much more than we realise " But far less than without the furlough scheme and other things brought in by Rishi | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi" Probably. However if the furlough scheme had been a Labour idea, it would have been deemed to be communist. I dread to think how the tories would have reacted if Labour had renationalised parts of the train network as the conservatives just have and if Labour had paid all these people to stay at home. Nice to see the tory suddenly believing in state intervention. It is a shame they don't believe in it when the other parties suggest it. Do as I say but don't do as I do. The tory mantra. | |||
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"Only just been furloughed last week which seems quite late in the game considering my company originally got denied the scheme (funny how they got it now. No doubt the fuckers just wanted us to work through the peek of this plus even our CEO died from it) but iam guessing now orders are complete or they cant get material to start other stuff or drivers so its basically a knock on effect as in we have work but do it. I actually hope I get made redundant to be honest fucking horrible company " Be careful what you wish for. Getting a bit of redundancy pay is one thing, getting another job might be difficult in the coming months. | |||
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"Only just been furloughed last week which seems quite late in the game considering my company originally got denied the scheme (funny how they got it now. No doubt the fuckers just wanted us to work through the peek of this plus even our CEO died from it) but iam guessing now orders are complete or they cant get material to start other stuff or drivers so its basically a knock on effect as in we have work but do it. I actually hope I get made redundant to be honest fucking horrible company " That sounds very familiar to my job- they won’t even pay sickleave to staff. One person had an industrial accident and lost a hand. The only reason that he got anything was through a tribunal (which they lost) I hope that something comes off good for you soon x | |||
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"I was made redundant in March, so no furlough, straight away due to start on a self employed basis in a new job, can't do that as its tourist related, so couldn't get help for that either. Ended up having to claim UC which took 5 weeks to come through. " | |||
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"I'm a student, paid full price for my course but haven't received a full year's tuition. My part time work is ongoing. I fear for the troubles that so many here may have yet to come. " My students are doing catch up over the summer. Very taugh position to be in. | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi Probably. However if the furlough scheme had been a Labour idea, it would have been deemed to be communist. I dread to think how the tories would have reacted if Labour had renationalised parts of the train network as the conservatives just have and if Labour had paid all these people to stay at home. Nice to see the tory suddenly believing in state intervention. It is a shame they don't believe in it when the other parties suggest it. Do as I say but don't do as I do. The tory mantra. " What's your point? In fact it's a moot point. The only relevance that I can see is if we are faced with another crisis such as this and Labour are in power. The point is that the chancellor did good. | |||
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"To everyone thinking the furlough scheme saved jobs, you are possibly right and most likely wrong. IF furlough keeps people in jobs until their employer and those they sell to are fully back to unrestricted activity then it will be a huge success and something the govt. should rightly be proud of. That however looks to be very unlikely with no end of restrictions (in particular the hugely damaging and largely unworkable 2m rule). Many companies will struggle to reopen profitably, others may not be in a position to reopen at all. Offices won't be able to house all staff, transport won't be able to get people to work and many consumers just won't be willing to stand for an hour in the rain to get into shops unless they absolutely have to. I sadly suspect that we've only seen the tip of a very large iceberg of unemployment so far. There's still time to change course but we (the uk population) need to shake free of the fear pandemic paralyzing us and start putting real pressure on our politicians to do it before it's too late." | |||
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"To everyone thinking the furlough scheme saved jobs, you are possibly right and most likely wrong. IF furlough keeps people in jobs until their employer and those they sell to are fully back to unrestricted activity then it will be a huge success and something the govt. should rightly be proud of. That however looks to be very unlikely with no end of restrictions (in particular the hugely damaging and largely unworkable 2m rule). Many companies will struggle to reopen profitably, others may not be in a position to reopen at all. Offices won't be able to house all staff, transport won't be able to get people to work and many consumers just won't be willing to stand for an hour in the rain to get into shops unless they absolutely have to. I sadly suspect that we've only seen the tip of a very large iceberg of unemployment so far. There's still time to change course but we (the uk population) need to shake free of the fear pandemic paralyzing us and start putting real pressure on our politicians to do it before it's too late." Indeed just like how many got fired mid-late March it will continue as the amount of work necessary is going to massively drop in most sectors. I work as a manager in a pub and while it's not being mentioned I expect we will lose about 60% of our allowed hours. So we'll have to drop over half our staff | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi Probably. However if the furlough scheme had been a Labour idea, it would have been deemed to be communist. I dread to think how the tories would have reacted if Labour had renationalised parts of the train network as the conservatives just have and if Labour had paid all these people to stay at home. Nice to see the tory suddenly believing in state intervention. It is a shame they don't believe in it when the other parties suggest it. Do as I say but don't do as I do. The tory mantra. What's your point? In fact it's a moot point. The only relevance that I can see is if we are faced with another crisis such as this and Labour are in power. The point is that the chancellor did good. " The chancellor did good? You probably mean the chancellor did WELL in proper English. I am not criticising the furlough scheme in itself or what the tories have done. I am just saying that the party which doesn't believe in state intervention itself brands everybody who believes in state intervention as communist. And people who are congratulating Sunak for this scheme would probably have shat on Labour if they'd paid people doing f.all but stay at home. I repeat that The Daily Mail and the right wingers like Duncan Smith and co would have vomitted their bile for months. | |||
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"I was layed off last Friday so been seching to find a new job with not much luck" Best of luck guys. Hope it goes well for you. | |||
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"Seems to be much more than we realise " Not really. Anyone with a bit of foresight could have told you the Job Retention Scheme, and other measures similar, were only a delaying tactic. They had to be done because the impact of 2 to 3 million unemployed in a month would have been catastrophic. The government bought itself time to plan for 1980's style unemployment. That will happen. The mass transportation, tourism, hospitality and entertainment industries are not going to be profitable at anything less than full capacity - and that won't happen until an effective vaccine is available. There's been a lot of heads buried in the sand on this. Partly because it's a natural human reaction to deal with one crisis at a time and cross bridges as you come to them. Hopefully, the government will have a post-furlough plan; though, on their track record so far, that's maybe overoptimistic. | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi Probably. However if the furlough scheme had been a Labour idea, it would have been deemed to be communist. I dread to think how the tories would have reacted if Labour had renationalised parts of the train network as the conservatives just have and if Labour had paid all these people to stay at home. Nice to see the tory suddenly believing in state intervention. It is a shame they don't believe in it when the other parties suggest it. Do as I say but don't do as I do. The tory mantra. " some people on here just cant see past party politics no matter what the topic of the thread dont you have a politics section you could be in? | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi Probably. However if the furlough scheme had been a Labour idea, it would have been deemed to be communist. I dread to think how the tories would have reacted if Labour had renationalised parts of the train network as the conservatives just have and if Labour had paid all these people to stay at home. Nice to see the tory suddenly believing in state intervention. It is a shame they don't believe in it when the other parties suggest it. Do as I say but don't do as I do. The tory mantra. some people on here just cant see past party politics no matter what the topic of the thread dont you have a politics section you could be in? " | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi Probably. However if the furlough scheme had been a Labour idea, it would have been deemed to be communist. I dread to think how the tories would have reacted if Labour had renationalised parts of the train network as the conservatives just have and if Labour had paid all these people to stay at home. Nice to see the tory suddenly believing in state intervention. It is a shame they don't believe in it when the other parties suggest it. Do as I say but don't do as I do. The tory mantra. some people on here just cant see past party politics no matter what the topic of the thread dont you have a politics section you could be in? " | |||
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"Well as it stands I've not earned a penny since March. I've not been self employed long enough to qualify for a grant and saving have been taking a hammering. Safe to say if the pools don't reopen soon I'm going to be in a pretty dire situation" That sucks. Presumably you haven't been sitting round moping and have been actively looking for some source of income. There is still plenty of work out there... | |||
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"Well as it stands I've not earned a penny since March. I've not been self employed long enough to qualify for a grant and saving have been taking a hammering. Safe to say if the pools don't reopen soon I'm going to be in a pretty dire situation That sucks. Presumably you haven't been sitting round moping and have been actively looking for some source of income. There is still plenty of work out there..." i know someone in similar position who took a job in morrisons and is really happy about the bit of breathing space its given her | |||
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"Highly likely for us. We manage a small independent hotel near Gatwick, we was struggling before lockdown (and waiting for planning approval to turn the place into flats) so we knew our job was at risk anyway but kinda had about a year left, the boss sat us down the other day and said that he is looking at the bookings coming in for August and what other hotels in the area are doing, so far we haven't had one booking in August (apart from the 3 we had booked prelockdown). I can't see us surviving if we can only open partly and have no functions. We don't qualify for redundancy pay as not been here 2 years yet either and we will have to look for new jobs and home at the same time. Danish x" Hello Danish. This is me if you know who me is! Sorry to hear of you guys potentially facing bad news. | |||
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"Highly likely for us. We manage a small independent hotel near Gatwick, we was struggling before lockdown (and waiting for planning approval to turn the place into flats) so we knew our job was at risk anyway but kinda had about a year left, the boss sat us down the other day and said that he is looking at the bookings coming in for August and what other hotels in the area are doing, so far we haven't had one booking in August (apart from the 3 we had booked prelockdown). I can't see us surviving if we can only open partly and have no functions. We don't qualify for redundancy pay as not been here 2 years yet either and we will have to look for new jobs and home at the same time. Danish x Hello Danish. This is me if you know who me is! Sorry to hear of you guys potentially facing bad news. " Quick look at your photos, I know who you are lol. We knew when lockdown happened that we would be lucky to have a job at the end and there are people out there far worse off than us, I mean we have had an amazing lockdown really, isolated in this place, although a tad lonely sometimes x | |||
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"Highly likely for us. We manage a small independent hotel near Gatwick, we was struggling before lockdown (and waiting for planning approval to turn the place into flats) so we knew our job was at risk anyway but kinda had about a year left, the boss sat us down the other day and said that he is looking at the bookings coming in for August and what other hotels in the area are doing, so far we haven't had one booking in August (apart from the 3 we had booked prelockdown). I can't see us surviving if we can only open partly and have no functions. We don't qualify for redundancy pay as not been here 2 years yet either and we will have to look for new jobs and home at the same time. Danish x" I truly sympathise, as many hotels and Hospitality businesses are at real risk. I can't offer you jobs, but I have very good contacts in Hospitality Recruitment agencies to whom I can refer you or at least pass on their details. PM me if you want to follow up? Iain. | |||
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"Been saying on this forum for ages this lockdown would cause misery and more deaths in the long run ,there is going to be one hell of a recession, hospital waiting lists for operations horrendous " I think we are heading for more like a depression. The toughest times in a very long time ahead. | |||
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"Well as it stands I've not earned a penny since March. I've not been self employed long enough to qualify for a grant and saving have been taking a hammering. Safe to say if the pools don't reopen soon I'm going to be in a pretty dire situation That sucks. Presumably you haven't been sitting round moping and have been actively looking for some source of income. There is still plenty of work out there... i know someone in similar position who took a job in morrisons and is really happy about the bit of breathing space its given her" My work closed down March 31st, got redundancy but the line of work I'm qualified and experienced in dried up with lockdown so I took a manufacturing type job to keep busy and even that I'm only earning around 37% of my previous salary I've hardly been spending anything so haven't really felt worse off Start new job in a week or so which is similar to my previous role so thankfully all good here but I feel sorry for the potential hundreds of thousands that may be loosing theirs in the coming weeks | |||
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"Seems to be much more than we realise " Already lost mine. Trying to find another. One job i applied for had 80 other applications | |||
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"People need to see this as a wake up call. This wasn't even that big of a pandemic compared to what could have happened had the lethality been closer to something like Ebola. Personally I just see this as a key indicator of the perils of late-stage capitalism. For all the cr*p the government has gotten over this, you've seen them try to support the actual workers this time around and not so much the corporations. Compared to the 2008 recession where we ALL footed the bill for the mortgage lender's cock ups. This time around not even Richard Branson can get a hand-out. At least something has sunk in from the past mistakes, thankfully." the bank rescue package totaled £500 billion and these loans which people firms can get at the moment they are still laughing at GOV , these should have been interest free as a gesture of goodwill to the people of the UK for the baling out in 2008 , | |||
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"Things will come to a head soon. Employers wil start paying towards furlough in August, and if they can't or won't pay it, then they will have to start issuing redundancy notices dependent on contract notice leadtimes. I notice that certain parts of the hospitality trade have said that they have to open on July 4th, or they will start mass redundancies. " I think the fact that the furlough scheme is changing end of July is an indicator that EVERY sector will be back re opened by then. I feared I would have to make more redundancies than it now appears I need to. It’s shown me that I can run my business a little leaner though, with a smaller but better team. I’ve trimmed the fat and come end July I will make redundant the final staff I still have on furlough | |||
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"I'm quite lucky I guess. I work in care, I'm contracted full time. The zero hour girls have no work as it's being put on the contracted staff. If they don't work they don't earn. It's like redundancy without being made redundant for them" Zero hours contracts are a disgrace from what I have seen , not that I'm an expert. | |||
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" But far less than without the furlough scheme and other things brought in by Rishi" The furlough scheme is just expensive dole to keep people of the unemployment register and get people to go along with the disastrous plan of crashing the economy. Just wait for the Brexit double whammy. | |||
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"If you work in hospitality or tourism or a travel based job ,your job is at risk, but even if your job is in a connected industry like rolls royce jet engine plant your job is still at risk, in the leisure industry like cinema theatres music venues etc your job is at risk, so if you in those industry it is going to be a bloodbath estimates state between 4-6 million unemployment after this is all over , those are optimistic a realistic estimate is more like 6-10 million considering lots of shops will not re-open either. Now a really unpopular view lets say the total deaths is 120,000 by the end, was the lockdown a good idea when the consequences are a totally destroyed economy that will take a generation to recover, due to the destroyed economy how many relationship will end badly and how many extra suicides will there be, you have to ask has the lockdown been worth the price we have had to pay for it." Totally agree with you the operation was a successful but the patient died , Government will find another way to count unemployed like they did in the 80s changed it over 20 times each time figure went down. | |||
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"If you work in hospitality or tourism or a travel based job ,your job is at risk, but even if your job is in a connected industry like rolls royce jet engine plant your job is still at risk, in the leisure industry like cinema theatres music venues etc your job is at risk, so if you in those industry it is going to be a bloodbath estimates state between 4-6 million unemployment after this is all over , those are optimistic a realistic estimate is more like 6-10 million considering lots of shops will not re-open either. Now a really unpopular view lets say the total deaths is 120,000 by the end, was the lockdown a good idea when the consequences are a totally destroyed economy that will take a generation to recover, due to the destroyed economy how many relationship will end badly and how many extra suicides will there be, you have to ask has the lockdown been worth the price we have had to pay for it. Totally agree with you the operation was a successful but the patient died , Government will find another way to count unemployed like they did in the 80s changed it over 20 times each time figure went down." Sadly as painful as the lock down & the job losses are, there's not really much choice. Since the numbers involved are quite frankly scary. Currently around 300,000 cases & 42,000 dead. That's a 14% mortality rate. Now both those figures are likely lower than the actual. But let's say it's a 3% rate and the UK population is 66 million. That could mean 2 million people dead. Is the lockdown and all it's problems good - of course not. But the alternative would be much worse. | |||
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"If you work in hospitality or tourism or a travel based job ,your job is at risk, but even if your job is in a connected industry like rolls royce jet engine plant your job is still at risk, in the leisure industry like cinema theatres music venues etc your job is at risk, so if you in those industry it is going to be a bloodbath estimates state between 4-6 million unemployment after this is all over , those are optimistic a realistic estimate is more like 6-10 million considering lots of shops will not re-open either. Now a really unpopular view lets say the total deaths is 120,000 by the end, was the lockdown a good idea when the consequences are a totally destroyed economy that will take a generation to recover, due to the destroyed economy how many relationship will end badly and how many extra suicides will there be, you have to ask has the lockdown been worth the price we have had to pay for it. Totally agree with you the operation was a successful but the patient died , Government will find another way to count unemployed like they did in the 80s changed it over 20 times each time figure went down. Sadly as painful as the lock down & the job losses are, there's not really much choice. Since the numbers involved are quite frankly scary. Currently around 300,000 cases & 42,000 dead. That's a 14% mortality rate. Now both those figures are likely lower than the actual. But let's say it's a 3% rate and the UK population is 66 million. That could mean 2 million people dead. Is the lockdown and all it's problems good - of course not. But the alternative would be much worse." You might do some better research on those numbers lol | |||
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"I already did, back in March " I am the same, mid March they terminated my contract, haven’t been able to find work since and the longer it takes the harder it will be. Lily | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi" My God. Are you in love with him? There isn’t an hour without you mentioning his first name! | |||
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"If you work in hospitality or tourism or a travel based job ,your job is at risk, but even if your job is in a connected industry like rolls royce jet engine plant your job is still at risk, in the leisure industry like cinema theatres music venues etc your job is at risk, so if you in those industry it is going to be a bloodbath estimates state between 4-6 million unemployment after this is all over , those are optimistic a realistic estimate is more like 6-10 million considering lots of shops will not re-open either. Now a really unpopular view lets say the total deaths is 120,000 by the end, was the lockdown a good idea when the consequences are a totally destroyed economy that will take a generation to recover, due to the destroyed economy how many relationship will end badly and how many extra suicides will there be, you have to ask has the lockdown been worth the price we have had to pay for it." The general public opinion seems to lag 2 months behind reality. As in most people have now realised that all the sacrifices since march have generated worse results than nearly every other country. So the fact that the governments approach didn't save many lives has set in. The next step is to realise that the government didn't save jobs either and really gave us the worst of both worlds. Not sure how it plays out though, mass civil disobedience peaceful or otherwise by September. | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi My God. Are you in love with him? There isn’t an hour without you mentioning his first name! " you already responded to this post yesterday... quoted it and everything ... whats wrong did you not get a bite? | |||
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"I’m in mental health .... hate to say it but I think I’m pretty safe " I think that may explode when all this is over | |||
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"I’m in mental health .... hate to say it but I think I’m pretty safe I think that may explode when all this is over" Yep sure will | |||
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"Seems to be much more than we realise But far less than without the furlough scheme and other things brought in by Rishi My God. Are you in love with him? There isn’t an hour without you mentioning his first name! you already responded to this post yesterday... quoted it and everything ... whats wrong did you not get a bite? " Well spotted Clouseau. I thought there were two different posts and I have slept since yesterday. Nothing to do with biting. Silly me. | |||
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"We were heading for a recession anyway. Covid-19 has just accelerated it and driven it deeper unfortunately. " Totally agree with you on that one, the world economy was going for a downturn prior covid and the virus has only accelerated things. However firm believer that from 2021 onwards we'll see a huge upturn and it won't be nowhere nearer as bad as some economists are predicting. Feel for those who are loosing their jobs right now! In fact our business is taking a massive hit, but we only have one option - keep going and look out for new opportunities. | |||
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"We were heading for a recession anyway. Covid-19 has just accelerated it and driven it deeper unfortunately. Totally agree with you on that one, the world economy was going for a downturn prior covid and the virus has only accelerated things. " Crickey, I don't remember a recovery from the 2009 recession! | |||
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"I'm a student, paid full price for my course but haven't received a full year's tuition. My part time work is ongoing. I fear for the troubles that so many here may have yet to come. " my daughter started uni last term too and after the teachers strike came the virus closures so il be dammed if shes paying 9k for that term. She was also contracted to pay for halls in that fist year (£130 per WEEK) but luckily they saw sence on that and waved it as nobody would be staying | |||
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"I'm a student, paid full price for my course but haven't received a full year's tuition. My part time work is ongoing. I fear for the troubles that so many here may have yet to come. my daughter started uni last term too and after the teachers strike came the virus closures so il be dammed if shes paying 9k for that term. She was also contracted to pay for halls in that fist year (£130 per WEEK) but luckily they saw sence on that and waved it as nobody would be staying " Is there an option not to pay ? I thought fees were still being charged | |||
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"Only just been furloughed last week which seems quite late in the game considering my company originally got denied the scheme (funny how they got it now. No doubt the fuckers just wanted us to work through the peek of this plus even our CEO died from it) but iam guessing now orders are complete or they cant get material to start other stuff or drivers so its basically a knock on effect as in we have work but do it. I actually hope I get made redundant to be honest fucking horrible company " Put yourself in your employers position good on them for not putting you straight on furlough, you have had several weeks of wages. There comes a point if a company can't pay its bills there has to be a decision made, I would think your company has been an honest one. Glad to see you have compassion and respect for the company you work for!! | |||
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"Only just been furloughed last week which seems quite late in the game considering my company originally got denied the scheme (funny how they got it now. No doubt the fuckers just wanted us to work through the peek of this plus even our CEO died from it) but iam guessing now orders are complete or they cant get material to start other stuff or drivers so its basically a knock on effect as in we have work but do it. I actually hope I get made redundant to be honest fucking horrible company Put yourself in your employers position good on them for not putting you straight on furlough, you have had several weeks of wages. There comes a point if a company can't pay its bills there has to be a decision made, I would think your company has been an honest one. Glad to see you have compassion and respect for the company you work for!! " you have no idea pal. Also the company made 220 million pound last year and theres only 39 of us. They can well afford to pay every one for time off | |||
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"I'm a student, paid full price for my course but haven't received a full year's tuition. My part time work is ongoing. I fear for the troubles that so many here may have yet to come. my daughter started uni last term too and after the teachers strike came the virus closures so il be dammed if shes paying 9k for that term. She was also contracted to pay for halls in that fist year (£130 per WEEK) but luckily they saw sence on that and waved it as nobody would be staying Is there an option not to pay ? I thought fees were still being charged" fees yes but il definitely be fighting the charges for the first year when its time to pay back | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! " yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup " Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup " They really do and the emergency services will always be the 1st thing to cut | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks." apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either " According to full fact a trillion was spent on bailing out the banks | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks" Nice round number. Sounds very true | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks" According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks Nice round number. Sounds very true " They have probably let them off with the 10 pence. | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion " Central government net worth 2007: -£484bn Central government net worth 2011: -£1,127bn | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion " Glad you have got such a good memory. Wiki says £500billion. | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion Glad you have got such a good memory. Wiki says £500billion." Indeed, but you quoted Fullfact who’s headline is ‘£1 trillion was not spent on bailing out the banks’ but you didn’t see the not...I can’t think why | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks." Yes, and both were vital to the survival of the economy. So should they not have done it ? And both will probably seem insignificant when we see the spending to finance brexit | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. Yes, and both were vital to the survival of the economy. So should they not have done it ? And both will probably seem insignificant when we see the spending to finance brexit " I agree if by "vital to the survival of the economy" you mean robbing the poor to feed the rich | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion Glad you have got such a good memory. Wiki says £500billion. Indeed, but you quoted Fullfact who’s headline is ‘£1 trillion was not spent on bailing out the banks’ but you didn’t see the not...I can’t think why " I did.I was mistaken. Still a hell of a lot of money. | |||
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"Sadly I think there will be a lot more than we imagine when the full truth is known. Things aren't going to be anything like 'normal' for a long time and hospitality and retail in particular are going to take a massive hit " Yes, I work in retail and our hours have been cut back to basic and there's still people on furlough. At least I went back when given the choice, the others might not be so lucky. Our local DW Sports is closing down I found out today | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion Glad you have got such a good memory. Wiki says £500billion. Indeed, but you quoted Fullfact who’s headline is ‘£1 trillion was not spent on bailing out the banks’ but you didn’t see the not...I can’t think why I did.I was mistaken. Still a hell of a lot of money. " the independent quotes rishi as estimating £14bn per month (7 months is £98bn) plus &15bn grants and £10bn self employed help so all is approx £123bn ... for no return compare that with the banks £137bn of which £110bn was paid back so far (the remaining TFS funding is also repayable)... so all in £27bn with more due back yeah correct its all a hell of a lot of money... but doesnt really make the point you thought it would when you look at the facts | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion Glad you have got such a good memory. Wiki says £500billion. Indeed, but you quoted Fullfact who’s headline is ‘£1 trillion was not spent on bailing out the banks’ but you didn’t see the not...I can’t think why I did.I was mistaken. Still a hell of a lot of money. the independent quotes rishi as estimating £14bn per month (7 months is £98bn) plus &15bn grants and £10bn self employed help so all is approx £123bn ... for no return compare that with the banks £137bn of which £110bn was paid back so far (the remaining TFS funding is also repayable)... so all in £27bn with more due back yeah correct its all a hell of a lot of money... but doesnt really make the point you thought it would when you look at the facts " If that's true then what did we spend money on for Central government net worth to go from -£484bn in 2007 to -£1,127bn in 2011? That's net worth taken from the balance sheet that considers assets and liabilities as you correctly pointed out. | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion Glad you have got such a good memory. Wiki says £500billion. Indeed, but you quoted Fullfact who’s headline is ‘£1 trillion was not spent on bailing out the banks’ but you didn’t see the not...I can’t think why I did.I was mistaken. Still a hell of a lot of money. the independent quotes rishi as estimating £14bn per month (7 months is £98bn) plus &15bn grants and £10bn self employed help so all is approx £123bn ... for no return compare that with the banks £137bn of which £110bn was paid back so far (the remaining TFS funding is also repayable)... so all in £27bn with more due back yeah correct its all a hell of a lot of money... but doesnt really make the point you thought it would when you look at the facts If that's true then what did we spend money on for Central government net worth to go from -£484bn in 2007 to -£1,127bn in 2011? That's net worth taken from the balance sheet that considers assets and liabilities as you correctly pointed out. " tbh i took the figures from the above post that was the same source as his original comment, but the independent also quotes it as £133bn (pretty sure this is the cash loans) i didnt check the governments full balance sheet ... feel free | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion Glad you have got such a good memory. Wiki says £500billion. Indeed, but you quoted Fullfact who’s headline is ‘£1 trillion was not spent on bailing out the banks’ but you didn’t see the not...I can’t think why I did.I was mistaken. Still a hell of a lot of money. the independent quotes rishi as estimating £14bn per month (7 months is £98bn) plus &15bn grants and £10bn self employed help so all is approx £123bn ... for no return compare that with the banks £137bn of which £110bn was paid back so far (the remaining TFS funding is also repayable)... so all in £27bn with more due back yeah correct its all a hell of a lot of money... but doesnt really make the point you thought it would when you look at the facts If that's true then what did we spend money on for Central government net worth to go from -£484bn in 2007 to -£1,127bn in 2011? That's net worth taken from the balance sheet that considers assets and liabilities as you correctly pointed out. tbh i took the figures from the above post that was the same source as his original comment, but the independent also quotes it as £133bn (pretty sure this is the cash loans) i didnt check the governments full balance sheet ... feel free" To be honest it's an insanely hard calculation to do properly. As in it's not just the cost of whatever the banks got, minus what we got back. You'd have to consider the stagnant economy and the effect that had on our currency and so on. I wouldn't call the furlough expense small, but it honestly wouldn't surprise me if it's smaller. | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion Glad you have got such a good memory. Wiki says £500billion. Indeed, but you quoted Fullfact who’s headline is ‘£1 trillion was not spent on bailing out the banks’ but you didn’t see the not...I can’t think why I did.I was mistaken. Still a hell of a lot of money. the independent quotes rishi as estimating £14bn per month (7 months is £98bn) plus &15bn grants and £10bn self employed help so all is approx £123bn ... for no return compare that with the banks £137bn of which £110bn was paid back so far (the remaining TFS funding is also repayable)... so all in £27bn with more due back yeah correct its all a hell of a lot of money... but doesnt really make the point you thought it would when you look at the facts If that's true then what did we spend money on for Central government net worth to go from -£484bn in 2007 to -£1,127bn in 2011? That's net worth taken from the balance sheet that considers assets and liabilities as you correctly pointed out. tbh i took the figures from the above post that was the same source as his original comment, but the independent also quotes it as £133bn (pretty sure this is the cash loans) i didnt check the governments full balance sheet ... feel free" Saw that in the indy..saying £14m a month but it's only been 3 months. Reckons it will be £100 billion overall. Its costs the banking crises as £138billion though wiki estimates its nearer £200billion So if those figures are correct there isnt that much different bit it also shows the scale of the total fuck up the banks made. | |||
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"Bit confused £14b x3 (months)=£42b £25b in grants etc That's only £67b? Where does the other £33 billion go?" furlough is in place til october , april to october is 7 months oh and read the articles not just the headlines ... £200 bn is what was budgeted not spent (also is wiki which can be amended by anyone really the best source of data to go against what 3 other media sources have quoted which are all ball park between £125-135bn) | |||
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"For once I’ve been on the lucky side. Obviously I’ve continued working through all this. But the government have told us we’ve got cut backs coming our way! yeah I'd expect taxes and the price of stuff going up on everything . They have billions to recoup Apparently the money shelled out on furlough is buttons compared to what was spent bailing out the banks. apparently? or do you have numbers to back that up? also when the banks were “bailed out” the treasury got capital assets in exchange this is all just pure expenditure , money out the door with no future revenue stream so not really comparable either According to full fact a trillion was spent on bailing out the banks According to fullfact £137billion was spent of which £110 had been repaid by July 2019. The trillion figure was a guarantee to restore public confidence...but hey what’s £863 billion difference. Reminds me when you said the NHS has an annual budget of £6 billion Glad you have got such a good memory. Wiki says £500billion. Indeed, but you quoted Fullfact who’s headline is ‘£1 trillion was not spent on bailing out the banks’ but you didn’t see the not...I can’t think why I did.I was mistaken. Still a hell of a lot of money. the independent quotes rishi as estimating £14bn per month (7 months is £98bn) plus &15bn grants and £10bn self employed help so all is approx £123bn ... for no return compare that with the banks £137bn of which £110bn was paid back so far (the remaining TFS funding is also repayable)... so all in £27bn with more due back yeah correct its all a hell of a lot of money... but doesnt really make the point you thought it would when you look at the facts If that's true then what did we spend money on for Central government net worth to go from -£484bn in 2007 to -£1,127bn in 2011? That's net worth taken from the balance sheet that considers assets and liabilities as you correctly pointed out. tbh i took the figures from the above post that was the same source as his original comment, but the independent also quotes it as £133bn (pretty sure this is the cash loans) i didnt check the governments full balance sheet ... feel free Saw that in the indy..saying £14m a month but it's only been 3 months. Reckons it will be £100 billion overall. Its costs the banking crises as £138billion though wiki estimates its nearer £200billion So if those figures are correct there isnt that much different bit it also shows the scale of the total fuck up the banks made." That's not really how I'd count it, but hey ho. Aren't you supposed to be a frothing mouth commy? At least under furlough the proletariat are getting the money and therefore a good percentage of it rebounds back to the government anyway. | |||
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"Bit confused £14b x3 (months)=£42b £25b in grants etc That's only £67b? Where does the other £33 billion go? furlough is in place til october , april to october is 7 months oh and read the articles not just the headlines ... £200 bn is what was budgeted not spent (also is wiki which can be amended by anyone really the best source of data to go against what 3 other media sources have quoted which are all ball park between £125-135bn) " I thought most people are starting to go back to work now? | |||
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"I'd count myself luck to be furloughed at the moment the place I work for furloughed a load of staff but yesterday I got told there was no work for me from next week having been told 4 weeks ago there might not be any work for a couple of months. It doesn't make sense to me why I wasn't put on furlough at that time I could have been on that instead of loosing my job totally" yep lucky to be furloghed till wenever but longer i am the more likley it is i not gona have a job to go back to.there was talk of a cpl if redundancys before lockdown was a thing so im guessing those couple of redundancys are still on the table plus however many more from lockdown.our busiest period is between easter and september so that pretty much takes care of thus years profits not coming in | |||
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"I've worked through this, as a key worker, from the beginning. On Friday I was told I'm losing my job on July 31st via email. I had a feeling this was coming, and have prepared accordingly or at least as best I can. But my company have handled it terribly. I'm hoping something else will come along but the job market at the moment is dire. Good luck to you this must be terrible " | |||
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"I'd count myself luck to be furloughed at the moment the place I work for furloughed a load of staff but yesterday I got told there was no work for me from next week having been told 4 weeks ago there might not be any work for a couple of months. It doesn't make sense to me why I wasn't put on furlough at that time I could have been on that instead of loosing my job totally yep lucky to be furloghed till wenever but longer i am the more likley it is i not gona have a job to go back to.there was talk of a cpl if redundancys before lockdown was a thing so im guessing those couple of redundancys are still on the table plus however many more from lockdown.our busiest period is between easter and september so that pretty much takes care of thus years profits not coming in" Are u actively seeking a new job ? | |||
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"I'd count myself luck to be furloughed at the moment the place I work for furloughed a load of staff but yesterday I got told there was no work for me from next week having been told 4 weeks ago there might not be any work for a couple of months. It doesn't make sense to me why I wasn't put on furlough at that time I could have been on that instead of loosing my job totally yep lucky to be furloghed till wenever but longer i am the more likley it is i not gona have a job to go back to.there was talk of a cpl if redundancys before lockdown was a thing so im guessing those couple of redundancys are still on the table plus however many more from lockdown.our busiest period is between easter and september so that pretty much takes care of thus years profits not coming in Are u actively seeking a new job ?" while im furloughed cant take another job but yes am looking into a few things been at current job 10yrs and there good employers so rather stay but will hqve to wait and see | |||
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"I wonder if it would be wise to step up your search. There’s nothing to stop u applying/interviewing for new jobs. See what’s out there & try and get ahead of this. I appreciate its tough out there but will be much harder I feel in 6 weeks time when a huge amount of employees also join the job search " was talking to my m.d yesterday he is at our warehouse every other day for a few hours sending out the few online orders we are getting in.he was saying on the industrial estate we are in he hqs seen the offices of four different buildings being emptied out in the last cpl of weeks. so who knows whqts gona happen.reakon anyone who loses there job are gona be lucky to find anything this side of christmas | |||
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"I wonder if it would be wise to step up your search. There’s nothing to stop u applying/interviewing for new jobs. See what’s out there & try and get ahead of this. I appreciate its tough out there but will be much harder I feel in 6 weeks time when a huge amount of employees also join the job search was talking to my m.d yesterday he is at our warehouse every other day for a few hours sending out the few online orders we are getting in.he was saying on the industrial estate we are in he hqs seen the offices of four different buildings being emptied out in the last cpl of weeks. so who knows whqts gona happen.reakon anyone who loses there job are gona be lucky to find anything this side of christmas" alot of that will be companies who are going to keep their employees at home and save the lease costs, an empty office doesn’t necessarily mean all those jobs are gone intu going into administration is going to be huge though, apparently up to 6000 jobs in glasgow alone | |||
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"i work in aerospace we are losing a third of our workforce " thats wat is worrying me.most of our trade is through airports around the uk and we usually have hundreds through the doors everyday with the distancing that just aint gona happen.will defo be lay offs at our place.only silver lining is ive been there years so hopefully that counts fir something wen the axe falls | |||
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"so got an e mail from work yesterday informing us we are being kept on furlough till. end of september.so question is do i hang it out till then in the hope job is still there or i get some redundancy or cut my losses and try find something else now" Obvious answer to me would be to look and see what there is about whilst you're on furlough. Give yourself potential options. Or just watch Homes Under the Hammer and Tenables daily before you have your third wank of the day before a well earned nap. Then wake up and eat coco pops whilst still in your pants browsing Fab. | |||
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" while im furloughed cant take another job " You can unless your contract with your current employer specifically states you can't have a second job. | |||
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"The problem has I see it will be jobs becoming vacant which are at present done by eastern Europeans low payed a lot of them are returning home with Brexit coming people may have to take these jobs with huge pay drop covid and Brexit are real disaster for the working man" What ? You think it’s a problem for the economy that people will leave the country and open up jobs available for people to fill ? How is that a problem ? | |||
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"The problem has I see it will be jobs becoming vacant which are at present done by eastern Europeans low payed a lot of them are returning home with Brexit coming people may have to take these jobs with huge pay drop covid and Brexit are real disaster for the working man" way i see it if as you say all these peeps are gona leave the country if the jobs are that low paid people wont do them until yhe rmployers pay a decent wage.if worst comes to the worst i could always work wiyh my brother lol | |||
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"so got an e mail from work yesterday informing us we are being kept on furlough till. end of september.so question is do i hang it out till then in the hope job is still there or i get some redundancy or cut my losses and try find something else now Obvious answer to me would be to look and see what there is about whilst you're on furlough. Give yourself potential options. Or just watch Homes Under the Hammer and Tenables daily before you have your third wank of the day before a well earned nap. Then wake up and eat coco pops whilst still in your pants browsing Fab. " god no.ive managed to avoid daytime t.v for the most of furlough.if its pissing down t.v gies on if its not raining i try to be out most of the day | |||
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"Minimum wage is minimum wage. I’m sure there will be plenty of people desperate to take those jobs rather than earn nothing " ahh but stuff like the fruit pickin aint really minimum wage is it after they take all there bits away for sticking u up in a caravan.anyway they dont want settled peeps doing those jobs. see that from wen people applied for the jobs a cpl months back.no you must live on site ect ect.fuck it may get a few things lined up but qait and c if my job there still.if not well the bit of redundancy i get will at least clear my debts im getting into since furlough started | |||
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