Rishi Sunak is under pressure to boost bailouts for companies that are struggling

Chancellor Rishi Sunak is facing mounting pressure to boost his business bailout so that the Government increases its guarantee on loans to struggling firms to 100 per cent. The Treasury will today announce a further £1.25billion package to support innovative firms hit as the coronavirus lockdown causes the economy to stutter to a halt. It … Read more

Piers Morgan slams Victoria Beckham for furloughing 30 workers at her fashion label.

Piers Morgan clashed with Susanna Reid after he slammed Victoria Beckham’s decision to furlough 30 of her workers, despite her £335m fortune.  The pair engaged in a heated debate on Good Morning Britain on Monday when Piers called Victoria a ‘pampered prima donna millionairess’  Piers was angry that the wife of millionaire footballer David Beckham … Read more

Boris Johnson ‘reluctant to end lockdown amid fears of a second wave of coronavirus infections’

Boris Johnson is ‘reluctant to end lockdown over fears of a second wave of coronavirus infections’ – despite lowest daily deaths for two weeks – but Sunak and Gove want to ‘run hot’ and ease restrictions sooner Boris Johnson is reportedly reluctant to ease coronavirus lockdown over fears of a second wave of infections But … Read more

Hopes Britain’s economy will have a ‘V-shaped’ instant bounce-back from coronavirus are dashed

Treasury warns that Britain’s economic recovery will be a prolonged U-shaped curve that will hit the country harder Internal report warned the economy could take years to recover from outbreak The analysis, circulated to ministers last week, indicated permanent damage It comes as Rishi Sunak is set to announce further £1.25billion business package Money will … Read more

Hopes Britain’s economy will have a ‘V-shaped’ instant bounce-back from coronavirus are dashed

Treasury warns that Britain’s economic recovery will be a prolonged U-shaped curve that will hit the country harder Internal report warned the economy could take years to recover from outbreak The analysis, circulated to ministers last week, indicated permanent damage It comes as Rishi Sunak is set to announce further £1.25billion business package Money will … Read more

Coronavirus lockdown puts nearly 12 MILLION Britons out of work as furloughed or laid off

More than 11 million Britons have been furloughed or left unemployed by the economic shutdown due to coronavirus.  Shocking new figures reveal that nearly a third of British workers have been affected by the downturn that has seen many businesses shuttered and employees unable to work. The lockdown is pushing many firms to the brink … Read more

Coronavirus lockdown puts nearly 12 MILLION Britons out of work as furloughed or laid off

More than 11 million Britons have been furloughed or left unemployed by the economic shutdown due to coronavirus.  Shocking new figures reveal that nearly a third of British workers have been affected by the downturn that has seen many businesses shuttered and employees unable to work. The lockdown is pushing many firms to the brink … Read more

Boris Johnson ‘reluctant to end lockdown amid fears of a second wave of coronavirus infections’

Boris Johnson is ‘reluctant to end lockdown over fears of a second wave of coronavirus infections’ – despite lowest daily deaths for two weeks – but Sunak and Gove want to ‘run hot’ and ease restrictions sooner Boris Johnson is reportedly reluctant to ease coronavirus lockdown over fears of a second wave of infections But … Read more

Victoria Beckham slammed by critics after furloughing 30 workers at her struggling fashion label

Victoria Beckham was slammed on social media after furloughing 30 staff at her struggling fashion label – despite having a staggering family fortune of £335 million. The former Spice Girl, whose handbag collection alone is thought to be worth £1.5 million, is to claim what could amount to tens of thousands of pounds of taxpayers’ money … Read more

Victoria Beckham furloughs 30 workers at her fashion label – despite having a £335 million fortune

Victoria Beckham has furloughed 30 staff at her struggling fashion label – despite having a staggering family fortune of £335 million. The former Spice Girl, whose handbag collection alone is thought to be worth £1.5 million, is to claim what could amount to tens of thousands of pounds of taxpayers’ money to pay a quarter … Read more