The cost of furloughing millions of British workers rose by more than £2billion in the last week of July, new figures show. Some 9.6 million jobs had been covered by the coronavirus Job Retention Scheme (JRS) up to August 2, Government figures show. This was an increase of 100,000 on the previous week. The cumulative … Read more
Pimlico Plumbers tycoon Charlie Mullins FIRES staff who refused to return to work from furlough and hits out at people ‘milking’ the system 30 staff lost their jobs when Pimlico ended its use of the furlough scheme Pimlico Plumbers is one of the UK’s biggest independent t plumbing firms Charlie Mullins says many on furlough … Read more
Pimlico Plumbers tycoon Charlie Mullins FIRES staff who refused to return to work from furlough and hits out at people ‘milking’ the system 30 staff lost their jobs when Pimlico ended its use of the furlough scheme Pimlico Plumbers is one of the UK’s biggest independent t plumbing firms Charlie Mullins says many on furlough … Read more
Furlough scheme has now cost £30BILLION – but ending it ‘prematurely’ in October will cost 1.2million jobs, think-tank warns Around 9.5m people remain on the furlough scheme from 1.2million employers Research body warns ending the furlough scheme in October will cost 1.2m jobs National Institute of Economic Research suggests it should last until June 2021 … Read more
I’m worried about redundancy: Can I apply for unemployment insurance even though I’m on furlough? By Will Kirkman For Thisismoney.co.uk Published: 07:41 BST, 16 July 2020 | Updated: 07:41 BST, 16 July 2020 I’ve been on furlough since March and it’s been extended to October – but I am worried my employer will make me … Read more
Almost a third of firms are preparing to lay off staff, according to a devastating report, as Boris Johnson prepares to ditch the working from home guidance and send millions back to the office. The threat of mass lay-offs in the report comes ahead of figures which are today expected to show the biggest fall … Read more
Almost a third of firms are preparing to lay off staff, according to a devastating report, as Boris Johnson prepares to ditch the working from home guidance and send millions back to the office. The threat of mass lay-offs in the report comes ahead of figures which are today expected to show the biggest fall … Read more
Government’s £9bn Furlough bonus scheme is deadweight, warns budget watchdog By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 The OBR said the £9bn furlough scheme ‘is likely to be claimed for employees who would have been retained anyway’ The budget watchdog has warned … Read more
Primark has reject around £30million in ‘bonuses’ from the government for bringing back furloughed staff, it was revealed today. The retail chain will shun the huge payout unveiled by Rishi Sunak last week as he desperately battles to avoid a wave of redundancies. The firm had furloughed 30,000 staff and is said to have burned … Read more
Primark is expected to reject around £30million in ‘bonuses’ from the government for bringing back furloughed staff, it emerged today. The retail chain will reportedly shun the huge payout unveiled by Rishi Sunak last week as he desperately battles to avoid a wave of redundancies. The firm had furloughed 30,000 staff and is said to … Read more