Philip Glanville, Mayor of Hackney, responds to the Chancellor’s announcement that the furlough scheme will not be extended and the Government’s new Job Support Scheme.
As of the latest data available, 44,100 employees in Hackney had been furloughed under the Government’s Coronavirus Job Retention Scheme.
77% of businesses who responded to the Council’s Coronavirus Business Impact Monitoring survey said they had furloughed staff, with 76% saying they had lost between three-quarters to all of their income.
Two-thirds of businesses said Government support was not enough, with nearly 90% saying they would need further support in the next six months.
