Chancellor Rishi Sunak giving daily government press briefing

Chancellor Rishi Sunak giving daily government press briefing

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Social Studies

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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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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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