Chancellor Rishi Sunak giving daily government press briefing

Chancellor Rishi Sunak giving daily government press briefing

Assessment

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Social Studies

University

Hard

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The transcript discusses the implementation and impact of the furlough scheme, which has helped over a million people avoid job loss. It acknowledges the efforts of HMRC and HMT staff in setting up the system. The purpose of the Job Retention Scheme (JRS) and other economic support measures is to maintain employment, support businesses, and protect self-employed incomes during the unprecedented economic crisis. The government's actions have been crucial in mitigating the crisis's impact, as noted by the Office of Budget Responsibility.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the goal of the new schemes developed to support businesses and the self-employed?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the Office of Budget Responsibility, what would have happened without the actions taken?

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