A left-wing think tank has called on the Government to launch a four-day working for industries most affected by the coronavirus epidemic. The private and public sector group today released a report calling for state funding through a program that will allow companies to reduce working hours but keep people paid. With interventions that could cost billions of pounds, firms could reduce staff hours by up to 80% but end up being paid 100% because the government would fund the difference. Autonomy says that if used only in the arts and entertainment sector, it would cost $ 3.8 billion in the first year.
‘Post Covid-19, this four-day week is popular all over the world and I hope Treasury will agree to investigate these proposals when I meet them next week.’ A four-day working week was the Labor Party’s policy in the last election but the new channel of aide Anneliese Dodds has never promised to support the idea.
Chancellor Anneliese Dodds is under pressure to reinstate the plan The party is being pressured by unions to reinstate the plan to avoid job losses. Howard Beckett, General Secretary of Unite Assistance, said: ‘This campaign should be unwelcome by staff.’ In a plan considered by the think tank, government subsidies will hurt for more than five years to zero.
At this point the concept of a four-day week will be introduced and become a ‘new norm,’ say investigators. Proponents of her case have been working to make the actual transcript of this statement available online. Proponents of her case have been working to make the actual transcript of this statement available online.
Autonomy points to previous examples in history where working hours were reduced as a way to strengthen the economy during difficult times, including the 1980s in Britain. Its research director Will Stronge said: ‘Short-term employment has been used throughout history as a response to economic risks as we make the work more equitable across the economy. ‘Instead of taking care of the already failing economy, government can work to save jobs and create desirable work patterns for the future.’