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Captain Haddock wrote:
Coronavirus Job Retention Scheme: statistics
11.7 million employee jobs were furloughed through the scheme, at a cost of £70 billion.
At the end of the scheme, at 30 September 2021, 1.16 million jobs were on furlough, which was 4% of eligible jobs. 21% of employers had at least one member of staff on furlough. The number of furloughed jobs fell by 193,600 from the end of August to the end of September.
Just one of the reasons why we (like most countries are 'broke'?)
https://www.imf.org/external/datamapper/CG_DEBT_GDP@GDD/CHN/FRA/DEU/ITA/JPN/GBR/USA
No mention of the extent of fraud or failure to reclaim it. No consideration of funds wasted on ineffective procurement (£37bn for track and trace anyone?) Maybe you should ask Michelle Mone to subsidise your canal boat hobby?
And, of course, the 4% drag on GDP caused by Brexit (ONS figures) is hardly helping our GDP to debt ratio.
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