Is 'tsunami' of UK job losses likely?

Preparing for life after the furlough scheme

It is a challenging time for UK politics. Over the past week, much of the rhetoric has revolved around the Prime Minister's most senior adviser Dominic Cummings, who has come under scrutiny for travelling across the country during the coronavirus lockdown.

Having hosted a press conference last Monday, the jury remains out (at time of writing, at least) as to whether he acted in accordance with the regulations set out by the UK Government or not. But as fears mount as to whether this will lead to the UK population taking a more relaxed approach to the advice, myriad economic concerns remain at large. According to James Reed, chair of Britain's largest online recruiter Reed, the UK is likely to face a "tsunami of job losses" as the country heads towards gradually weaning itself off of the Treasury's furlough scheme. Coronavirus Blog: P...