Will the Winter Economy Plan save jobs and how does it work? episode artwork

EPISODE · Sep 25, 2020 · 50 MIN

Will the Winter Economy Plan save jobs and how does it work?

from This is Money Podcast

There won't be another budget this year. Instead, we had the Winter Economy Plan unveiled this week as fears over a second wave of coronavirus infections - and the further economic turmoil it could create - takes hold.Despite repeated calls to extend the furlough scheme, Chancellor Rishi Sunak held firm.How does this new Jobs Support Scheme stack-up, will it be enough and what else did Mr Sunak reveal? Simon Lambert, Lee Boyce and Georgie Frost take a look.Meanwhile, importers are worried about container delays at Felixstowe Port, with coronavirus measures reportedly creating a backlog.NS&I made some brutal cuts to savings rates and its Premium Bonds – why did it make the move, just how severe are the cuts and where can savers head next?We could be about to see the end of the loyalty penalty - when sticking with one insurer for your car or home really doesn't pay – and it may save households nearly £4billion in the next decade.And lastly, hot tubs… the hot weather at the start of lockdown saw many people snap them up. But, now, many are complaining of faulty ones, with difficulties getting them fixed.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.

There won't be another budget this year. Instead, we had the Winter Economy Plan unveiled this week as fears over a second wave of coronavirus infections - and the further economic turmoil it could create - takes hold.Despite repeated calls to extend the furlough scheme, Chancellor Rishi Sunak held firm.How does this new Jobs Support Scheme stack-up, will it be enough and what else did Mr Sunak reveal? Simon Lambert, Lee Boyce and Georgie Frost take a look.Meanwhile, importers are worried about container delays at Felixstowe Port, with coronavirus measures reportedly creating a backlog.NS&I made some brutal cuts to savings rates and its Premium Bonds – why did it make the move, just how severe are the cuts and where can savers head next?We could be about to see the end of the loyalty penalty - when sticking with one insurer for your car or home really doesn't pay – and it may save households nearly £4billion in the next decade.And lastly, hot tubs… the hot weather at the start of lockdown saw many people snap them up. But, now, many are complaining of faulty ones, with difficulties getting them fixed.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.

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Will the Winter Economy Plan save jobs and how does it work?

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This episode was published on September 25, 2020.

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There won't be another budget this year. Instead, we had the Winter Economy Plan unveiled this week as fears over a second wave of coronavirus infections - and the further economic turmoil it could create - takes hold.Despite repeated calls to...

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