Will the Winter Economy Plan save jobs and how does the new scheme work? The This is Money podcast
There won’t be another budget this year. Instead, we had the Winter Economy Plan unveiled this week as fears over a second wave of coronavirus infections – and the further economic turmoil it could create – takes hold.
Despite repeated calls to extend the furlough scheme, Chancellor Rishi Sunak held firm.
How does this new Jobs Support Scheme stack-up, will it be enough and what else did Mr Sunak reveal? Simon Lambert, Lee Boyce and Georgie Frost take a look.
Meanwhile, importers are worried about container delays at Felixstowe Port, with coronavirus measures reportedly creating a backlog.
NS&I made some brutal cuts to savings rates and its Premium Bonds – why did it make the move, just how severe are the cuts and where can savers head next?
Winter Economy Plan: Chancellor Rishi Sunak unveiled his latest jobs plan this week
We could be about to see the end of the loyalty penalty – when sticking with one insurer for your car or home really doesn’t pay – and it may save households nearly £4billion in the next decade.
And lastly, hot tubs… the hot weather at the start of lockdown saw many people snap them up. But, now, many are complaining of faulty ones, with difficulties getting them fixed.
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