What impact will the furlough scheme have on UK equity investors?

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Nikki Howes of Heartwood Investment Management
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Nikki Howes of Heartwood Investment Management

A steep contraction in the UK economy is all but inevitable. Indeed, the latest survey data points to a sharp drop in activity since the start of the Covid-19 crisis.

Thankfully, UK policymakers have acted fast, and at scale. The Government's Coronavirus Job Retention Scheme is unprecedented, but such drastic action comes at a price. This is perhaps especially problematic...

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