RSM Retail Head Jacqui Baker Warns: ‘Not Out of the Woods Yet’
- RSM retail head calls for ‘more flexible furlough scheme’
- Jacqui Baker’s concerns about retailers not being out of the woods yet
- Need for a flexible furlough scheme to manage peaks and troughs of activity
Jacqui Baker, head of retail at RSM, has called for a more flexible furlough scheme to help retailers manage peaks and troughs in activity as the UK comes out of lockdown. She emphasized that the sector is not yet out of the woods and needs continued support to cater for future turbulence.
Factuality Level: 8
Factuality Justification: The article presents a clear statement from Jacqui Baker, head of retail at RSM, expressing her opinion on the need for a more flexible furlough scheme in response to the UK’s exit from lockdown. It is relevant and provides specific information without any apparent misleading or sensational content.
Noise Level: 6
Noise Justification: The article is relevant to the current situation in the UK and addresses a specific concern from an industry expert. However, it lacks depth and does not provide much analysis or actionable insights beyond the call for a flexible furlough scheme.
Financial Relevance: Yes
Financial Markets Impacted: Retail industry in the UK
Financial Rating Justification: The article discusses a potential change to the furlough scheme, which is a financial support measure for businesses affected by the pandemic. This directly relates to the retail sector and its ability to manage their finances during recovery from lockdown, making it financially relevant.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.
www.retailsector.co.uk