in wages that we re paying. the government said it wants a high wage, higher skill economy. at the moment, there is only evidence of the first part of that. one very encouraging aspect of today s release was the low level of redundancy notices firms are issuing. elaine fears that the end of the furlough scheme at the end of september would trigger an immediate rise injob losses. the government will argue that means the furlough scheme was £70 billion well spent. the world s finance ministers are meeting in washington this week. the international monetary fund has warned that that the global economic recovery from the pandemic is weakening. 0ur economics editor, faisal islam is there. so, more difficult times ahead? the ost so, more difficult times ahead? tie: post lockdown recovery is getting messy. that is the message of this important meeting of finance ministers and central bank governors. it s important to note that compared to this time last year
of today s release was the low level of redundancy notices firms are issuing. allaying fears that the end of the furlough scheme at the end of september would trigger an immediate rise injob losses. the government will argue that means the furlough scheme was £70 billion well spent. simon jack, bbc news. the uk s largest commercial port says the supply chain crisis has caused a logjam of shipping containers. the port of felixstowe in suffolk which handles over a third of the uk s freight container traffic blamed the busy pre christmas period and a shortage of lorry drivers. but it said the situation has been improving over the past few days. the world s finance ministers are meeting in the us this week. the international monetary fund has warned that that the global economic recovery from the pandemic is getting weaker. let s talk to our economics editor faisal islam in washington. tell us more about the prospects as
higher wage box. in getting my productivity for the higher wage box. higher wage box. in order for businesses higher wage box. in order for businesses to higher wage box. in order for businesses to be higher wage box. in order for businesses to be sustainable | higher wage box. in order for - businesses to be sustainable and to grow particularly as a small business, we need our productivity to be reflected in the increasing ranges we are paying. the government said it once a ranges we are paying. the government said it once a high ranges we are paying. the government said it once a high wage, ranges we are paying. the government said it once a high wage, higher- said it once a high wage, higher skilled economy. at the moment there s only evidence of the first part of that. one very encouraging aspect of today s base was the low level of redundancy notices firms are issuing. allaying fears that the end of the furlough scheme at the end of the furlough scheme at the end of t
reflected in the increase in wages that we re paying. the government said it wants a high wage, higher skill economy. at the moment, there is only evidence of the first part of that. one very encouraging aspect of today s release was the low level of redundancy notices firms are issuing. elaine fears that the end of the furlough scheme at the end of september would trigger an immediate rise injob losses. the government will argue that means the furlough scheme was £70 billion well spent. simon jack, bbc news. and we ll be talking a little bit about implications for those looking for a job and those helping to train them in a discussion in a few minutes here on bbc news. stay with us for that. the brexit minister, lord frost, has called for significant changes to the northern ireland protocol. in a speech to diplomats in portugal, he described his new legal text as a better way forward . as it stands, the protocol that was agreed by both the uk