If you read my blog on Sunday you could be forgiven for wondering if you can believe anything the government and civil servants tell us about the economy. So when the governor of the Bank of England issued a statement on Monday you probably thought “At last – someone sensible. He’ll tell us what is really going…
Month: June 2020
It makes you wonder who to believe
While most of us, quite rightly, have been focused on the easing of the lock-in and when we can get back to work we have also just witnessed one of the most extraordinary weeks in the political economy. On Wednesday a young black lad brought up on the largest council estate in Europe persuaded the…
Changes to the coronavirus job retention scheme (CJRS) from 1 July 2020
On 12 June 2020 HMRC amended eight pieces of guidance regarding the coronavirus job retention scheme (CJRS) for employers who want to furlough employees from 1 July. The rules will change again from 1 August when no pension costs or employer’s NIC will be reclaimable. In September and October, the amount of wages which can…
