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Picture copyright PA Media Two schemes unveiled by Chancellor Rishi Sunak to stem coronavirus job losses is probably not value for cash for taxpayers, a high official has warned. HM Income and Customs boss Jim Harra wrote to Mr Sunak to precise issues about paying companies a £1,000 bonus to retain furloughed employees. He additionally questioned the value for cash of a discount scheme providing 50% off restaurant meals. The chancellor rejected his issues, saying motion was wanted to save lots of jobs. The exchanges are revealed in letters between the pair throughout an ordinary process for assessing the effectiveness of coverage choices. They present Mr Sunak issued so-called “ministerial instructions” to instruct officers to go forward with each programmes. A Treasury official mentioned a choice to press forward with a coverage in such a fashion was a “regular half” of authorities enterprise. Underneath plans outlined on Wednesday, compani

Chancellor Rishi Sunak has warned the federal government will be unable to protect “every single job” because the UK enters a “extreme recession”. He stated the federal government was “throwing every part we are able to” to stem job losses with the plans introduced on Wednesday. However he admitted a few of the money bonuses to take again furloughed employees would go to corporations that had been already protecting workers on. The UK is “borrowing report quantities”, he stated, however “it’s the proper factor”. It comes as figures launched by the Treasury reveal that public spending on the battle in opposition to coronavirus has risen to nearly £190bn . Mr Sunak advised BBC Breakfast: “For those who’re asking me ‘can I protect every single job’ after all the reply isn’t any. “‘Is unemployment going to rise, are folks going to lose their jobs?’ Sure, and the size of that is important. “We are getting into one of the vital extreme recession