After the latest Covid job support U-turn, Sunak's halo has gone | Nils Pratley
Chancellor’s winter economic plan didn’t make it through autumn and his second try may require tweaks
Rishi Sunak’s original winter economic plan didn’t even make it beyond the middle of autumn. The chancellor’s new jobs support package is not so much a tweak of the original as a complete re-write.
A good thing too, of course, because the first version was full of holes, as outsiders spotted on day one. Employers were being invited to pay 55% of the wages of someone working 33% of normal hours, an offer that was never likely to save many reduced-hours jobs – a supposed key aim.