Rishi Sunak unveils £4.6billion of bailouts for lockdown-stricken businesses with retail, hospitality and leisure getting one off £9,000 grants to keep them afloat – as economists warn of ‘colossal’ hit with up to 10% wiped off GDP every month Rishi Sunak has unveiled another bailout for businesses after lockdown news The Chancellor said venues will … Read more
Rishi Sunak unveils £4.6billion of bailouts for lockdown-stricken businesses with retail, hospitality and leisure getting one off £9,000 grants to keep them afloat – as economists warn of ‘colossal’ hit with up to 10% wiped off GDP every month By James Tapsfield, Political Editor For Mailonline Published: 09:15 GMT, 5 January 2021 | Updated: 09:36 … Read more
A £30billion tax raid on the wealthy is being planned to help pay for the massive cost of coronavirus, it was claimed last night. Treasury officials are said to be drawing up plans to target the better off, businesses and pensions to plug the gap in the nation’s finances. Capital gains tax and corporation tax … Read more
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
Michael Gove hinted at looming austerity today amid grim warnings of a 10 per cent hit to GDP and the jobless total hitting 2.75million by June. The Cabinet minister said it was right to put the UK into lockdown to limit the spread of the disease, even though it meant spiralling UK debt, as you … Read more
Britain faces years of austerity after government’s massive coronavirus bailouts amid fears of 2.75million jobless by June and a 10% hit to GDP Cabinet minister Michael Gove says UK coronavirus debt will have to be paid Government has announced unprecedented bailouts for workers and firms Forecasters warn jobless total could hit 2.75m in months and … Read more
Bosses who have squeezed cash out of their companies and now want taxpayer help should be forced to give up a chunk of their pay, a senior member of the Rothschild banking dynasty has said. In a damning intervention, Nat Rothschild told The Mail on Sunday there ‘has to be a price’ for being caught … Read more
Chancellor Rishi Sunak ‘is working on new bailout package for businesses affected by coronavirus’ Chancellor Rishi Sunak to speak with PM on the economic impact of coronavirus The Prime Minister has told Britons to avoid pubs and clubs amid the outbreak But business owners fear that they may lose their livelihoods as firms go bust … Read more
Chancellor Rishi Sunak ‘is working on new bailout package for businesses affected by coronavirus’ Chancellor Rishi Sunak to speak with PM on the economic impact of coronavirus The Prime Minister has told Britons to avoid pubs and clubs amid the outbreak But business owners fear that they may lose their livelihoods as firms go bust … Read more