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Podcast: Beyond Currency
Episode: 29 June 2021 - Chancellor starting to consider cuts
Description: "There is little doubt that a belt tightening exercise is on its way as soon as the Bank of England considers the economy sufficiently strong to withstand an end to its recent free ride.
As furlough ends, those who find themselves without a job will see the Government’s main benefit begin to be cut back to pre-Covid levels.
Those who were unable to retain their jobs at the start of the pandemic, or whose employers were unable to access the furlough scheme, will find themselves as the worst hit, post-recovery.
It is expected that the Government will provide support fo...