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

London markets fall hours after Rishi Sunak’s dire warning on economy

London markets fell this morning after Chancellor Rishi Sunak warned Britain faces ‘hardship ahead’ amid fears the coronavirus lockdown could cause the economy to shrink by a third. The FTSE 100 of Britain’s leading firms dropped by 33 points or 0.57 per cent to 5,758 shortly after opening today. It comes after the Office for … Read more

Rishi Sunak is pushing to ease the coronavirus lockdown next month

Rishi Sunak is ‘pushing to ease the coronavirus lockdown next month because many people have OVER-INTERPRETED stay-at-home advice by stopping working unnecessarily’ Chancellor Rishi Sunak pushing to ease the UK’s Covid-19 lockdown next month Said there is risk of permanent damage to economy if lockdown goes on too long Mr Sunak hinted at his concern … Read more

Rishi Sunak is pushing to ease the coronavirus lockdown next month

Rishi Sunak is ‘pushing to ease the coronavirus lockdown next month because many people have OVER-INTERPRETED stay-at-home advice by stopping working unnecessarily’ Chancellor Rishi Sunak pushing to ease the UK’s Covid-19 lockdown next month Said there is risk of permanent damage to economy if lockdown goes on too long Mr Sunak hinted at his concern … Read more

Coronavirus UK: Rishi Sunak warns of ‘tough times to come’

Rishi Sunak tonight warned of ‘more tough times to come’ amid warnings the economy faces shrinking by more than a third this quarter with two million people made jobless. The Chancellor said people should brace for ‘hardship’ as he insisted the hit from the lockdown measures designed to combat the deadly coronavirus would be ‘temporary’. … Read more

Coronavirus UK: Rishi Sunak warns of ‘tough times to come’

Rishi Sunak tonight warned of ‘more tough times to come’ amid warnings the economy faces shrinking by more than a third this quarter with two million people made jobless. The Chancellor said people should brace for ‘hardship’ as he insisted the hit from the lockdown measures designed to combat the deadly coronavirus would be ‘temporary’. … Read more

Divided Cabinet ‘wants Boris Johnson to take crunch lockdown decisions’

The Cabinet is hoping Boris Johnson will return to take crunch coronavirus lockdown decisions amid warnings GDP is set to crash by 30 per cent this quarter. Divisions have emerged in the PM’s top team over how soon the draconian curbs should be eased as they lay waste to the economy. Government sources say there … Read more

Divided Cabinet ‘wants Boris Johnson to take crunch lockdown decisions’

The Cabinet is hoping Boris Johnson will return to take crunch coronavirus lockdown decisions amid warnings GDP is set to crash by 30 per cent this quarter. Divisions have emerged in the PM’s top team over how soon the draconian curbs should be eased as they lay waste to the economy. Government sources say there … Read more

Chancellor ‘will warn economy risks reaching ‘tipping point’ if Cabinet doesn’t balance lockdown

Chancellor Rishi Sunak ‘will warn economy risks reaching ”tipping point” if Cabinet doesn’t balance the needs of protecting from coronavirus with the damage caused by lockdown’ Rishi Sunak will issue ministers with internal government forecasts on economy The Chancellor and Health Secretary to outline a model on economic aftermath It is understood there will be … Read more