Royal Mail : A loan : Taking a hit

[POSTMAN]

Just thinking out loud.

Would Royal Mail be entitled to the Government loan, I appreciate it would have to be paid back but would of thought the terms/time limit would be favorable.

Are Royal Mail prepared to take a hit so our most vulnerable workers get paid especially those who have to be off till this blows over.
Perhaps if long term a % of our pay with the rest made up of SSP/Taxcredits/Universal credit.

There are plenty of our colleagues who would need serious financial help.
I appreciate this is going on in every sector but couldn't Royal Mail and other businesses do more?

We have at the mo a good set up I personally think, but for some, it's just not enough.

[Woody Guthrie]

It's going to be those pushed onto unpaid leave with the schools shut (assuming we're not key workers) that will need extra help, especially single parents. They're bound to be pretty terrified right now.

[daveyeff]

could have a knock on effect. all the travel industry. hotel and leisure industry. (pubs and clubs) small businesses. could be thousands wont get paid. can the government pay all this out? it really is getting worrying now.

[ted_e_bear]

could have a knock on effect. all the travel industry. hotel and leisure industry. (pubs and clubs) small businesses. could be thousands wont get paid. can the government pay all this out? it really is getting worrying now.

Just been watching the news and my opinions the same, Boris must be thinking something along the lines of "I picked the wrong week to become prime minister"

[yellowbelly]

.......... can the government pay all this out? it really is getting worrying now.

They'll just give the magic money tree a massive shake and print more 'funny money'.......in about 10 years time,
the tenner in your pocket now will have halved in value, they'll just hope they can inflate it all away.

[POSTMAN]

Magic money tree with the 80% thing.