Rishi Sunak today raised fears coronavirus curbs could drag on longer as he dramatically extended the furlough scheme for another month. The Chancellor said the huge coronavirus bailout will now continue until the end of April to give businesses ‘certainty’, while firms will be able to access loans until the end of March. He also … Read more
They’ve always been licensed to make a killing. But the producers of No Time To Die, 007’s 25th outing, due for release next April, have now excelled themselves. Despite taking £700 million at the box office for the last Bond film Spectre, they have, I can disclose, taken advantage of the furlough scheme to create … Read more
Furlough numbers SURGE in second lockdown with 15 per cent of workers now paid off – the highest level since JUNE – and it is set to go even HIGHER Firms said 15% on average were on furlough between November 2 and 15 Figure up fom 9% in previous survey which covered the second half … Read more
Hospitality bosses fear Government U-turn on bonuses for retaining furloughed staff could jeopardise financing deals with lenders By Harriet Dennys, Financial Mail On Sunday Published: 21:50 GMT, 7 November 2020 | Updated: 21:50 GMT, 7 November 2020 Hospitality bosses fear the Government U-turn on bonuses for retaining furloughed staff could jeopardise financing deals with lenders. … Read more
Rishi Sunak’s U-turn on furlough is a sign lockdown might last a ‘lot longer’ than ministers are admitting, experts warned today. The respected IFS think-tank delivered a withering verdict on the extraordinary shift as it said leaving millions of workers in limbo for a year could slow the economic recovery. In a change that could … Read more
British Airways suspends ALL flights from Gatwick airport and will furlough ‘many more’ staff as new Covid lockdown bites BA said it will be ‘moving many more colleagues’ onto Job Retention Scheme Second shutdown of BA flights at Gatwick after one that followed first lockdown The airline said it will massively scale back all flights … Read more
Hundreds of workers who have recently lost their jobs are furious with Rishi Sunak after he said the furlough scheme will be extended until the end of March. In a major Government U-turn the Chancellor said the move is needed to quell the economic situation caused by the Covid-19 pandemic. The job furlough scheme had been due to … Read more
Hundreds of workers who have recently lost their jobs are directing fury at Rishi Sunak, after he announced today that the jobs furlough scheme would be extended until the end of March. In a major Government U-turn the Chancellor said that the move is needed due to quell the economic situation caused by the Covid-19 … Read more
Rishi Sunak extended the furlough scheme until March today amid renewed lockdowns and demands from Nicola Sturgeon. In another dramatic policy shift, the Chancellor admitted in a statement to the Commons that the recovery had ‘slowed’ and businesses now faced heightened ‘uncertainty’. Workers will be able to get furlough at 80 per cent of their … Read more
Rishi Sunak extended the furlough scheme until March today amid renewed lockdowns and demands from Nicola Sturgeon. The Chancellor admitted that the recovery had ‘slowed’ and businesses now faced heightened ‘uncertainty’ in a statement to the Commons. Workers will be able to get furlough at 80 per cent of their usual wage until the end … Read more