uk iconUK

 

 

 

End of furlough will increase UK unemployment by 150,000, says thinktank

The ending of the government’s furlough scheme will lengthen dole queues by 150,000 despite a boost to activity from the ending of lockdown that will make the UK the fastest-growing G7 nation this year, a leading thinktank has said.

End of furlough will increase UK unemployment by 150,000, says thinktank
smsfadviser logo

In its quarterly update on the UK, the National Institute of Economic and Social Research (Niesr) said it had revised up its 2021 growth forecast from 5.7 per cent to 6.8 per cent.

Read more at The Guardian.

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox