Responding to the ‘Winter Economy Plan’ announced by Chancellor Rishi Sunak,  IEA Economics Fellow Julian Jessop said the new job support scheme struck a “reasonable balance” between tiding companies and workers over additional restrictions and uncertainty while still incentivising firms to shed staff.

Julian added: “Nonetheless, there are still plenty of concerns – including the ongoing cost of the scheme, the additional bureaucracy, and the potential for fraud and mistakes.”

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