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The chancellor Rishi Sunak is under pressure to launch a second wave of furlough payments as the government’s scheme is set to run out in June. Industry and manufacturing think-tanks have warned that without further payments up to 35 per cent of jobs could be lost in parts of the UK, as businesses struggle to … Read more
Small businesses will get access to new loans worth up to £50,000 backed by a 100 per cent government guarantee, it was announced today. Chancellor Rishi Sunak unveiled the provision in the latest escalation of the massive bailouts for firms hit by the coronavirus lockdown. After complaints of delays and problems in getting cash from … Read more
The Treasury is planning to ‘get Britain back to work’ in a matter of weeks with new health and safety rules to be enforced in offices, it has been reported. Chancellor Rishi Sunak has been look at way to start allowing non-essential businesses to reopen in a ‘safe and practical way’, keeping coronavirus out of … Read more
The Treasury is planning to ‘get Britain back to work’ in a matter of weeks with new health and safety rules to be enforced in offices, it has been reported. Chancellor Rishi Sunak has been look at way to start allowing non-essential businesses to reopen in a ‘safe and practical way’, keeping coronavirus out of … Read more
‘Dishy Rishi’ Sunak wows viewers as he appears on BBC’s Big Night In fundraiser to announce Government pledge to match all donations Rishi Sunak announced the government would match all Big Night In donations First £20m will go to National Emergencies Trust to help support victims Viewers praised the Chancellor for being ‘normal’ in the TV … Read more
More than a million furloughed workers will get taxpayer-funded wage subsidies after a huge claims rush by firms. More than 2,200 applications per minute flooded in when the Coronavirus Job Retention Scheme opened at 8am yesterday. By 4pm, 140,000 had been received. Chancellor Rishi Sunak praised thousands of staff at HM Revenue and Customs and … Read more
More than a million furloughed workers will get taxpayer-funded wage subsidies after a huge claims rush by firms. More than 2,200 applications per minute flooded in when the Coronavirus Job Retention Scheme opened at 8am yesterday. By 4pm, 140,000 had been received. Chancellor Rishi Sunak praised thousands of staff at HM Revenue and Customs and … Read more
More than 140,000 companies employing more than one million people applied for emergency Government aid to pay workers wages in just eight hours today, Rishi Sunak revealed tonight . He said the coronavirus job retention scheme, which opened to firms in a bid to ward off widespread unemployment, should pay out to companies who logged … Read more
The Government’s coronavirus furlough scheme website opened today with a capacity of up to 450,000 claims per hour – as millions of Britons face losing work amid the ongoing pandemic. The scheme for workers who have been furloughed – given a temporary leave of absence – opened today and Chancellor Rishi Sunak announced a £1.25 … Read more
Piers Morgan today slammed Victoria Beckham’s decision to furlough 30 of her workers under the government’s coronavirus business retention scheme, despite her £335 million fortune. Piers, 55, called Victoria, 46, a ‘pampered prima donna millionairess’ and said he was angry that the wife of millionaire footballer David Beckham, 44, was using the government bail-out scheme … Read more