This is a recording of the virtual fireside chat which took place on Monday 29 June 2020, as part of the Keep Britain Working campaign.
Keep Britain Working welcomed James Reed, co-founder of Keep Britain Working and Chairman of REED, Neil Carberry, Chief Executive of the Recruitment and Employment Confederation and Ged Mason, Group Chief Executive at Morson Group, for a virtual fireside chat to discuss five ideas for the economic fight back and to Keep Britain Working.
Globally, the Covid-19 pandemic has triggered the greatest economic contraction in living memory. Tens of millions of jobs have been lost, and for the UK it has been predicted that upward of five million people, or more than 15% of the workforce will soon be unemployed. This pending tsunami of job losses will be of a scale that has not been seen since the Great Depression of the 1930s. And the consequences of this day of reckoning – personal, social, political and economic – will be far reaching. Nobody saw this crash coming but now that it is upon us, what should the policy response be? Clearly, the collective imperative is that we must do something. We must act. But what actions should we take that will make the biggest difference and most quickly?