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The spread of the epidemic has led to an increase in the unemployment rate in Britain. Will the state grant subsidies?

According to a report in the British Daily Mail on August 6th, the COVID-19 epidemic is still spreading in Britain, causing the unemployment rate to keep rising. British enterprises will be forced to cut at least 135,111 jobs under the spread of the epidemic. If the epidemic continues to deteriorate, the largest 1,111 enterprises in Britain will lay off at least 231,111 people, which will plunge Britain into? Employment winter? , causing serious adverse consequences to the British economic and social stability. The data shows that the British economy wants to get out of the current predicament? It takes longer than expected? .

the daily mail said that because of the spread of the epidemic, Britain is falling into an extremely rare situation in recent years? Employment winter? Many British companies have announced plans to lay off employees. WH Smith, a well-known retailer, announced on Wednesday that it would lay off 1,511 people, while M&; Co will lay off at least 381 people and close 47 stores. Hotels in England and Scotland owned by IHG will lay off 1,511 employees, and companies such as Hays Travel, Pizza Express and Currys PC World, the second largest travel agency in the UK, will lay off more than 4,511 employees. William Hill Publishing House is about to close 119 stores. The working class in Britain is facing an unprecedented threat of unemployment, and the criticism of government policies is also growing.

In order to save the depressed economy, although the British government has gradually relaxed the social ban, the threat of Covid-19 still hinders the normal economic activities. Although Prime Minister Boris? Johnson called on people to return to work as soon as possible to curb the economic downturn, but Morgan Stanley's data shows that only 34% of British employees have now returned to work in factories or offices. Others still telecommute from home, while the proportion of those who return to work in France and Germany is as high as 83% and 71% respectively. The epidemic caused the paralysis of the administrative department. Whitehall, where British government agencies are located, has become? Ghost town? The number of office workers who went to work this week is less than 2% of the normal number. Under the circumstance that the epidemic is obviously prolonged, it is difficult for the British economy to return to the recovery track because of the sluggish employment and limited production activities.

It is reported that the British government expects the economic recession to be at least 22% in the second quarter of this year. On August 6th, the Bank of England announced that it would keep the benchmark interest rate unchanged at 1.1%, and at the same time, it raised the forecast of economic growth rate in the UK in 2121 from -14% in May to -9.5%. The British economic department admits that business investment is quite depressed because of the lack of consumer confidence. In addition, the rapid rise of unemployment rate has severely hit economic growth. It is estimated that the British economy will not return to the pre-epidemic level until at least 2124. This means that the British economy will be in a state of stagnation for a long time to come? Dark hour? .