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The Story

What does the coronavirus mean for jobs?

The Story

The Times

Politics, News Analysis, Investigative Reporting, Exclusive Interviews, Long-form Audio, In-depth Journalism, Audio Storytelling, Current Affairs, Global News, Uk News, Daily News Podcast, Unknown, Daily News, News

41.5K Ratings

🗓️ 30 March 2020

⏱️ 21 minutes

🧾️ Download transcript

Summary

We follow the owner of a food-to-go shop as he tries to keep his workforce employed. Our Enterprise Editor explains what the government's economic interventions really mean for jobs. 

Guests:

Spencer Craig, co-founder of Pure - a food to go business

James Hurley, Enterprise Editor at The Times

Host: Manveen Rana



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

It's been dizzyingly fast, but the last fortnight has turned everything we thought we knew about the economy on its head.

0:11.0

There's hardly a business in the country that won't have seen an impact from this.

0:14.6

Hundreds of thousands of people are grappling with the reality of losing their jobs.

0:22.2

You're seeing the worst of humankind at the same time as seeing the very best.

0:27.0

For the last few weeks we've been following the story of one business owner and his fight to keep his life's work afloat. Is the government's bailout

0:35.6

going to work? You're listening to stories of our times from The Times and the

0:41.0

Sunday Times. I'm Manveen Rana. Today, what does Corona mean for jobs? Hi, I'm Hena Yin. I live in London and I'm 27 years old. I was working as a content

1:06.3

curator for an organization up until a few weeks ago when I was let go because of the

1:10.8

coronavirus. The organization I worked for has a huge

1:17.7

event every year in February. It's 10,000 plus people and they had to make the call to cancel it because of the coronavirus.

1:30.0

My honest opinion is that they made the right choice, but unfortunately it resulted in a huge financial hit and that meant that they had to let many contractors go and that included me.

1:47.0

Hello I'm Tom I'm 32 and a chef from London. Before COVID-19 I was due to open a restaurant for a small restaurant group

1:54.7

but was told last Tuesday that the project had been scrapped and that I was unemployed.

1:58.6

I'm sad about the restaurant but moreover I'm scared about what would be left of the

2:02.3

hospitality industry when this is all over.

2:04.4

I'm currently thinking about trying Pure based mainly in Central London.

2:24.0

Spencer is the co-founder of a string of healthy takeaway food shops.

2:28.0

The shorthand is that we're a bit like a pretement gait.

2:32.0

And the business is everything to him. My wife is called Jenny. We met in one of the shops about 12 years ago because she made a complaint. She hates the story but that is absolutely true. I owe everything to this

2:46.0

business. My whole life and family is linked to pure.

2:50.5

At the start of March, Spencer's business was at the height of its success after years of hard work.

2:57.0

We were so proud that we had won a competitive tender to be in one of the busiest airport terminals in the UK and in the world and

...

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