PPRuNe Forums - View Single Post - Qantas stand down 20,000 employees till end of May
Old 21st Mar 2020, 05:29
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CurtainTwitcher
 
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They will have to implement "helicopter money" to bail out the general population, rather than just for the bankers in the GFC. To be honest, there is no other option except the abyss. The UK is already getting the chopper warmed up: UK government to pay 80% of wages for those not working in coronavirus crisis

In an unprecedented step for the British government, the chancellor, Rishi Sunak, said the state would pay grants covering up to 80% of the salary of workers if companies kept them on their payroll, rather than lay them off as the economy crashes. The extraordinary payments will be worth up to a maximum of £2,500 per month, just above the median income.
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