[Misc] How long can You go on?

jakarta · Apr 15, 2020

My work has now totally dried up,even though I have loads of Purchase Orders etc. I simply can't get out there to do it.

I can survive financially the next 2 months, can't see it past that.

How about the rest of NSC?

jamie (not that one) · Apr 15, 2020

I'm not self employed but I am one of the directors and have the same timeframe as you. Plenty of forward bookings but almost zero cashflow.

Coldeanseagull · Apr 15, 2020

I'm one of the lucky ones who has a few bob in the bank. Not enough to retire on, but as long as I'm furloughed, I can still eat and drink

blue-shifted · Apr 15, 2020

jakarta said:
My work has now totally dried up,even though I have loads of Purchase Orders etc. I simply can't get out there to do it.

I can survive financially the next 2 months, can't see it past that.

How about the rest of NSC?

2 months will be about where a large number of people are. At the moment there is near universal support for the lockdown, When bank accounts have been completely depleted and overdrafts are close to being used up then, the government will have a job on it's hands to keep the public onside

Grombleton · Apr 15, 2020

Luckily the arm of the firm I work for is good for the time being - our clients are still active and only one has paused work. It'll depend on how long the lockdown takes as to whether it'll stay like that. Also depending on what happens with the parent company.

LamieRobertson · Apr 15, 2020

Coldeanseagull said:
I'm one of the lucky ones who has a few bob in the bank. Not enough to retire on, but as long as I'm furloughed, I can still eat and drink

What’s the limit on furloughing?

Coldeanseagull · Apr 15, 2020

LamieRobertson said:
What’s the limit on furloughing?

I don't know, hopefully no more than a couple of months.....otherwise the missus might be 'swimming with the fishes'

Wimmin, you can't live with 'em, you not allowed to kill 'em

LlcoolJ · Apr 15, 2020

LamieRobertson said:
What’s the limit on furloughing?

3 months but "may be extended".

Sorry, to be clear that's 3 months from 01/03/20.

Info here:

https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

Is it PotG? · Apr 15, 2020

The extent of this furloughing will be pretty much dependent upon how much is left in the Govt piggy bank.

LamieRobertson · Apr 15, 2020

LlcoolJ said:
3 months but "may be extended".

Sorry, to be clear that's 3 months from 01/03/20.

Info here:

https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

K...same as self employed help I guess . So halfway there if back dated to March ..hmm

LamieRobertson · Apr 15, 2020

Is it PotG? said:
The extent of this furloughing will be pretty much dependent upon how much is left in the Govt piggy bank.

Or if the printing presses are still working

LlcoolJ · Apr 15, 2020

Is it PotG? said:
The extent of this furloughing will be pretty much dependent upon how much is left in the Govt piggy bank.

There hasn't been anything in the piggy bank for decades. It's about how much more they choose to borrow. Which will be "a **** of a lot".

Eeyore · Apr 15, 2020

As things stand, my job will be gone on May 15th.

LlcoolJ · Apr 15, 2020

LamieRobertson said:
K...same as self employed help I guess . So halfway there if back dated to March ..hmm

Yes but bear in mind it hasn't actually been set up yet.......

Is it PotG? · Apr 15, 2020

LlcoolJ said:
There hasn't been anything in the piggy bank for decades. It's about how much more they choose to borrow. Which will be "a **** of a lot".

The number crunchers will be tapping away frantically, finding that spot where we just cannot go on lobbing out whilst the economy drips back into work.

As has been said, gonna be a pretty tidy tab to pick up.

Tom Hark Preston Park · Apr 15, 2020

Pretty sure that the pressures on the economy will override any residual health care considerations after another 3 weeks of lockdown. Might all have to wear (BHAFC branded?) facemasks for a while tho

LamieRobertson · Apr 15, 2020

Tom Hark said:
Pretty sure that the pressures on the economy will override any residual health care considerations after another 3 weeks of lockdown. Might all have to wear (BHAFC branded?) facemasks for a while tho

This face mask stuff is certainly coming more to the fore ...government advice moved a tad earlier in the week ..one of my customers had one on yesterday and what with work distancing I couldn’t hear a word she said

thedonkeycentrehalf · Apr 15, 2020

Is it PotG? said:
The extent of this furloughing will be pretty much dependent upon how much is left in the Govt piggy bank.

As they have said work is to start on the vanity project that is HS2 they must have plenty of money to burn...

Dick Swiveller · Apr 15, 2020

At the moment, one of the lucky ones on furlough. Got paid today - as expected, it isn't a nett drop of 20% as you pay less tax and I actually had the same amount in the current account as if I had been paid in full due to not being able to go out and spend over the last few weeks. Also lucky my company had enough in the bank to pay the payroll this month before they get the money from HMG. Fully appreciate I am one of the lucky ones although I am not sure how long the company could survive if this continues for months.

vegster · Apr 15, 2020

I'm on the 80%, fortunately due to two divorces and two redundancies I have my own place and no rent or debts and some cash. I'm not sure if my job will be still there afterwards as my company gets most of its income from older customers...who sadly, may be considerably less in number when this is over. So, I may have to do something even more menial and even more badly paid than the job I am doing now. However, money isn't everything, it's a beautiful world out there and I hope to live to see some more of it.

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[Misc] How long can You go on?

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