The furlough scheme helped cover the wages of 8.4 million people in the UK, but the rules are set to change this week.
The government’s Coronavirus Job Retention Scheme has been a huge part of the coronavirus pandemic, and most of us will at least know some people currently on furlough.
It’s estimated that furlough has now paid for 8.4 million people’s wages, costing the government £15 billion.
Chancellor Rishi Sunak has announced that the scheme – set to end on October 31st – will have a series of changes to wind it down.
From Wednesday, July 1st, employers can bring furloughed employees back to work for any amount of time and on any shift pattern, with the retention scheme grant paying for the hours not worked.
Then from August 1st, companies will be expected to pay employer national insurance and pension contributions and the level of the furlough grant will be reduced each month.
In September, the government will pay 70% of wages up to a cap of £2,187.50 for the hours the employee is on furlough.
Companies will have to pay NIC and pension contributions to top up the wages of those on furlough to ensure they are still receiving 80% of their wage. This will still be capped at £2,500 for the time they are furloughed.
In October, the government will pay 60% of wages, capped at £1,875 for the hours the employee is on furlough.
And again, employers will be expected to make their employees wages up to 80%, to a cap of £2,500, and pay NIC and pension contributions.
Despite the furlough scheme proving many people with a huge support system, many people have expressed concerns regarding the impending recession and what this means for unemployment.
The Prime Minister has reported that the government will spend on infrastructure to ‘build our way back to health’.
“If Covid was a lightning flash, we’re about to have the thunderclap of the economic consequences,” he said.
“We’re going to make sure that we have plans to help people whose old jobs are not there any more to get the opportunities they need.”
Spending on infrastructure could give some immediate ‘payback’ by increasing the number of people in work and the ‘amount of demand’ in the economy in the short term, according to the director of the Institute for Fiscal Studies, Paul Johnson.
Johnson warned that the UK could return to ‘levels of unemployment we haven’t actually seen for decades’ if money is spent by the government in the wrong way, or done too quickly, adding it could result in ‘low-quality infrastructure projects which don’t pay for themselves’.
The Labour Party has commissioned an analysis of the potential unemployment levels, which could tip past the highest rate of 3.3 million that was seen under Margaret Thatcher’s government.
Many economists have warned that the full effects coronavirus will have on employment won’t be felt until the wage support scheme completely ends.
The Mayor of London has called upon the government to extend ‘the Coronavirus Job Retention Scheme beyond the end of lockdown’, he Tweeted.
Adding: “or else risk unemployment, poverty and homelessness across the capital. This is urgent. The Govt must act.”
Aldi launches new ‘bargain hour’ where prices are slashed by 75%
All 912 Aldi stores across the UK will take part in the scheme
Aldi has announced it’s introducing a special ‘bargain hour’, where shoppers will be able to save 75% on certain goods.
Aldi customers will be able to grab a proper bargain on things like bread, meat and fruit, the supermarket confirmed.
All 912 Aldi stores across the UK will take part in the scheme, marking down perishable products such as fruit, vegetables and meat on their last day of life, just before stores close.
The retailer is doing this to stop fresh produce from going to waste, and it’s part of their wider pledge to halve food waste by 2030.
While at the moment Aldi does reduce the price on certain products when they reach their best-before or use-by dates, it will now be offering bigger savings on products marked with a red sticker.
Julie Ashfield, Managing Director of Buying at Aldi, said: “Aldi is already known for its low prices, but these discounts will help some shoppers to cut their grocery bills even further – all while helping us reduce food waste.
“Customers should look out for the red stickers when shopping at Aldi, but shoppers need to be quick as I’m sure the products will prove popular.”
It’s worth remembering that items will be reduced at different times at different stores, and of course reduced produce is sold on a first-come, first-served basis.
Meanwhile, Aldi has teamed up with Marcus Rashford to launch a brand new campaign to help feed hungry kids across the UK.
Marcus has been busy over the past year, highlighting the shocking food inequalities in our country and holding the government to account, and he’s been doing a fantastic job.
And while one in five children in the UK currently live in food poverty, the Man United star – who experienced food poverty when he was a kid – won’t stop on his mission to help end this tragedy.
To help tackle the issue of child food poverty, Aldi has confirmed that it will donate 10 million meals to feed families in need across the UK during 2021.
The supermarket has also released a short animation that personifies ‘hunger’ through a child’s eyes, to mark the collaboration with Marcus, with the footballer narrating the emotional poem that accompanies the short film.
The video explores a young kid’s relationship with hunger, using a poem by Giles Andreae, with illustrator Lisa Stickley bringing the story to life via the animation.
MP calls for teachers to be given the vaccine next so schools can reopen
He’s called on Matt Hancock to give teachers increased priority
An MP has called for teachers to be given the Covid-19 vaccine so kids can get back to school.
Richard Graham MP is asking Matt Hancock to vaccinate teachers, following the news that Education Secretary Gavin Williamson can’t guarantee schools will reopen after the February half term as was originally planned.
Mr Graham said vaccination was the only way forward, confirming that he has asked the government to make sure teachers are included in the next round of vaccinations, once the 13 million most vulnerable have had their jabs.
He told GloucestershireLive: “If we want to give teachers, parents, pupils, families real certainty on schools, I think there’s only one way to do it, to vaccinate all the teachers.
“That way schools will know their staff will not have to go off and self-isolate, and are not going to catch the virus.
“Parents will also know their pupils are not going to be either infected by teachers or infect them.
“That would be a huge step forward. It doesn’t rule out all the risks. Pupils can still spread it amongst themselves and then back to their parents at home.”
A teacher from Derbyshire has created a petition asking for teachers, school and childcare staff to be prioritised for the coronavirus vaccine.
Charlotte Appleyard’s petition has already gained more than 470,000 signatures, which meant it was discussed in parliament on Monday.
Sir Alex Ferguson’s emotional message to Marcus Rashford as he’s honoured for his charity work
The footballer was honoured at the Football Writers’ Association annual tribute awards
Marcus Rashford has been in the news a lot over the past year for his valiant efforts in fighting child food poverty in the UK.
The Manchester United star has now been honoured again for his efforts, becoming the youngest person ever to receive an award at the Football Writers’ Association annual tribute awards.
Sir Alex Ferguson sent the 23-year-old an emotional message after he was honoured in recognition of his hard work tackling child poverty during the Covid-19 crisis, praising the ‘wonderful person’ he had become.
Marcus has been busy highlighting the shocking food inequalities in our country and holding the government to account, and he’s been doing a fantastic job.
And while one in five children in the UK currently live in food poverty, the striker – who experienced food poverty when he was a kid – won’t stop on his mission to help end this tragedy.
The footballer campaigned for free school meals to be extended during holidays, and more recently has raised awareness of the ‘woefully inadequate’ meal parcels some families have been receiving this week.
Marcus has been working with charity FareShare to help deliver food to hungry kids who are no longer getting free school meals, and yesterday it was reported that he’d teamed up with Aldi to donate 10 million meals to families in need.
Sir Alex said: “I would like to congratulate Marcus on his achievement and presentation (of the FWA Tribute Award) tonight.
“I have known him since being a kid of 7 years of age, and seen him develop through the ranks of Manchester United into a truly wonderful person.
“Apart from his football life, what he has achieved in the last few months is quite astonishing, how he has helped the people in need is a truly amazing achievement.
“I would like to congratulate him on that. He has shown to young people in particular there is a different way of dealing with life.
“He has shown great humility, he has shown courage to do what he did, so this achievement is well deserved and should be recognised with what he has done.
“So Marcus, well done on a fantastic achievement.”
Marcus responded by thanking the legendary United manager, saying: “He has always, from the beginning really, backed me with what I am doing.
“Probably when other people in sports were telling me not to do it and just focus on football, he said if I believed in that, and I believe it is the right thing to do, then he is behind it.
“Those words from him are an amazing feeling to hear that.”