Labour government in Wales is accused of ‘bullying’ firms hit by Covid into backing unions in exchange for state aid Cardiff’s Economy Minister Ken Skates sent letter to Covid-hit businesses ‘We expect employers who receive public funds to allow trade unions access’ Conservative member of the Welsh parliament, Darren Millar, said ‘Labour should stop bullying businesses’ … Read more
Bosses took pay cut to get firms through Covid crisis, but they’re already on full salaries again…even at firms facing enormous losses like easyJet By Alex Lawson, Financial Mail On Sunday Published: 21:50 BST, 10 October 2020 | Updated: 21:50 BST, 10 October 2020 A host of bosses at crisis-hit airlines, hotels and retailers have … Read more
Rishi Sunak confirmed today he is to open the public spending taps wide open again with the introduction of a new ‘safety net’ furlough scheme for workers at pubs, restaurants and other businesses forced to shut because of new coronavirus restrictions. In a move that will cost the Treasury billions, employees will get two-thirds of … Read more
High street banks are ‘stifling’ start-up firms at birth by rejecting applications for business bank accounts because they are too busy processing Bounce Back loans for existing companies. Most banks are not accepting new applications for business accounts or warning of long delays, in a development a business group warned could strangle Britain’s economic recovery. … Read more
At the start of the coronavirus lockdown, an eerie sight appeared on London’s streets. Shoppers walking through Westfield shopping centre in White City on a Saturday night would have found the place virtually deserted. The place is now busier again, but overall footfall at Westfield’s sites in West London and Stratford had only recovered to … Read more
At the start of the coronavirus lockdown, an eerie sight appeared on London’s streets. Shoppers walking through Westfield shopping centre in White City on a Saturday night would have found the place virtually deserted. The place is now busy again, but overall footfall at Westfield’s sites in West London and Stratford had only recovered to … Read more
The £26bn coronavirus loans fiasco: Taxpayers face huge losses because of fraud and defaults on Bounce-Back handouts intended to help small firms during lockdown Staggering potential bill revealed after investigation by National Audit Office The scheme was rushed out by Chancellor Rishi Sunak in May Mr Sunak promised they would provide a ‘quick and easy’ lifeline … Read more
G4S suitor in fresh attack on security firm’s board, as it attempts to woo shareholders By Tom Witherow For The Daily Mail Published: 23:12 BST, 6 October 2020 | Updated: 23:34 BST, 6 October 2020 The Canadian security firm mounting a hostile takeover bid for British rival G4S renewed its attack on the board, as … Read more
The £26bn coronavirus loans fiasco: Fraudsters have snapped up a fortune from bounce-back handouts intended to help small firms during lockdown Staggering potential bill revealed after investigation by National Audit Office The scheme was rushed out by Chancellor Rishi Sunak in May Mr Sunak promised they would provide a ‘quick and easy’ lifeline for firms By … Read more
Rishi Sunak hinted that tax rises could be delayed to save jobs today as it emerged firms have already made plans to lay off 500,000 people during the coronavirus crisis. After using his Tory conference speech to warn hikes will be needed, the Chancellor insisted his ‘focus at the moment’ was on propping up the … Read more