Rishi Sunak faces backlash from retail giants over plans to axe tax-free shopping

Rishi Sunak faces backlash from retail giants including Selfridges, Harrods and Marks & Spencer over plans to axe tax-free shopping that ‘will drive foreign shoppers to Paris’ Chancellor Rishi Sunak was told the move would wipe out 70,000 jobs Retail giants have warned that the plans would cost the economy £5.6billion  Selfridges managing director Anne … Read more

Rishi Sunak faces backlash from retail giants over plans to axe tax-free shopping

Rishi Sunak faces backlash from retail giants including Selfridges, Harrods and Marks & Spencer over plans to axe tax-free shopping that ‘will drive foreign shoppers to Paris’ Chancellor Rishi Sunak was told the move would wipe out 70,000 jobs Retail giants have warned that the plans would cost the economy £5.6billion  Selfridges managing director Anne … Read more

CPI inflation rate plunges to just 0.2% amid Eat Out scheme

CPI inflation rate plunges to just 0.2 PER CENT as government’s Eat Out discount scheme and tumbling air fares keep prices down By James Tapsfield, Political Editor For Mailonline Published: 07:21 BST, 16 September 2020 | Updated: 07:28 BST, 16 September 2020 Inflation plunged last month as the government’s Eat Out scheme and tumbling air … Read more

Four million STILL on furlough despite it ending next month as Sunak begs firms not to cut jobs

Rishi Sunak begged employers not to sack staff when the coronavirus furlough scheme ends next month as the Treasury revealed that almost four million workers remain on it.  The Chancellor hailed the Job Retention Scheme (JRS) this afternoon amid fears of an employment cliff-edge when it ceases to cover wages at the end of October. … Read more

Rishi Sunak ‘could delay the Budget until January’ amid fears of a second wave of coronavirus

Rishi Sunak ‘could delay the Budget until January’ amid fears a second wave of coronavirus this autumn could cause more havoc to the economy The Chancellor has yet to set a firm date for the fiscal showpiece Told MPs economic forecast used for it would not come before mid-November A December Budget would not leave … Read more

10,000 retail jobs could face the axe ‘overnight’, trade coalition warns the Treasury 

10,000 retail jobs could face the axe ‘overnight’ unless urgent action is taken, trade coalition warns the Treasury Boots and Debenhams are said to have ‘bombarded’ the Treasury with warnings  Economists warn that jobless figures could soar above three million this winter Rule of six has raised fears that even Christmas celebrations will be limited By Neil … Read more

10,000 retail jobs could face the axe ‘overnight’, trade coalition warns the Treasury 

10,000 retail jobs could face the axe ‘overnight’ unless urgent action is taken, trade coalition warns the Treasury Boots and Debenhams are said to have ‘bombarded’ the Treasury with warnings  Economists warn that jobless figures could soar above three million this winter Rule of six has raised fears that even Christmas celebrations will be limited By Neil … Read more

Boris Johnson looks at alternatives to cap on costs as care reforms are delayed AGAIN

Care reforms are delayed AGAIN: Families remain stuck with sky-high bills as Boris Johnson looks at alternatives to cap on costs Families stuck facing sky-high bills as Boris’ plan for care reforms delayed again  It is understood that Downing Street has gone cool on idea of £40,000 costs cap PM is now looking at a … Read more

Cabinet at war over the rule of six: Almost every minister on committee argued against stringent ban

Boris Johnson’s Covid clampdown has divided his Cabinet, it emerged last night. He faces a fierce Tory backlash over the contentious ‘rule of six’ that bans gatherings of seven or more from Monday. A string of senior ministers opposed the measure at a crunch meeting, with Chancellor Rishi Sunak among those to speak out. A … Read more

Cabinet at war over the rule of six: Almost every minister on committee argued against stringent ban

Boris Johnson’s Covid clampdown has divided his Cabinet, it emerged last night. He faces a fierce Tory backlash over the contentious ‘rule of six’ that bans gatherings of seven or more from Monday. A string of senior ministers opposed the measure at a crunch meeting, with Chancellor Rishi Sunak among those to speak out. A … Read more