Statement from the Mayor of London on the end of the furlough scheme

By October 30, 2020NEWS

Mayor of London, Sadiq Khan, said –

“With the Government’s furlough scheme coming to an end this weekend, it will increase the huge anxieties faced by many workers across the capital.

“I welcomed the changes to the flawed Job Support scheme that the Chancellor announced last week. But for many businesses facing acute financial problems in London’s retail, hospitality and cultural sectors this won’t be enough to prevent further closures and the devastation of more unemployment.

“The collapse of tourism has left these sectors without any prospect of returning to normal levels of business for many months to come. We urgently need a more comprehensive package of financial aid from the Government which reaches all of the businesses now facing the real prospect of having to close their doors as a result of COVID-19.  This includes the same level of support for job retention as the original furlough scheme.

“It is low-paid Londoners from the most deprived parts of the capital who have been most reliant on the furlough scheme and are at most risk of falling into greater financial hardship. If the Government fails to get a grip on this virus with a functioning test and trace system, it will be those already struggling to make ends meet who will suffer most from the ongoing economic fallout.”

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