Discover and read the best of Twitter Threads about #JobRetentionScheme

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Thread: Today @McDonalds will be paying out a projected $929.4 million in Q2 dividends to shareholders /despite @McDonaldsUK furloughing +100,000 staff at public expense (likely to be £10's of millions) #JobRetentionScheme #MCD
2/6, During #LockDown @McDonaldsUK workers have been struggling to survive on only 80% of poverty wages [paid by taxpayers] as McDonald's gives out £Billions in dividends to shareholders #100Percent
3/6 @McDonaldsUK workers who contract #Covid19 and have to self-isolate receive only #StatutorySickPay (= £95/week) McDonald's is risking the health of our communities by putting workers in the impossible position of choosing between health and paying the bills.
Read 6 tweets
#Charities: The Coronavirus #JobRetentionScheme was updated late on Friday. This thread reviews the various guidance notes that have been updated. Firstly there is a new policy paper on changes to the Scheme 1/ gov.uk/government/pub…
The first time you will be able to make claims for days in July will be 1 July, you cannot claim for periods in July before this point. 31 July is the last day that you can submit claims for periods ending on or before 30 June. The Scheme will close on 31 October 2020. 2/
From 1 July, employers can bring furloughed employees back to work for any amount of time and any shift pattern, while still being able to claim CJRS grant for the hours not worked 3/
Read 25 tweets
/// THREAD on Chancellor @RishiSunak's announcement tonight on the future of the income support schemes. 1/
After considerable media speculation, the Chancellor has finally pronounced on the economic future of millions, by detailing the changes to be made to the #JobRetentionScheme (JRS) and the #SelfEmployedIncomeSupportScheme (SEISS). theguardian.com/politics/2020/… 2/
These have been the two most important income support measures in what is likely to be the biggest economic recession in modern history. Both had serious shortcomings from the get-go. 3/
Read 22 tweets

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