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
Ministers are today desperately looking for ways to prevent businesses collapsing as Boris Johnson prepares to impose tougher lockdowns across a swathe of the country. Chancellor Rishi Sunak is putting together a package expected to resemble the soon-to-expire furlough scheme, but targeted at local areas hit with restrictions under a new ‘traffic light’ system. The mechanism … Read more
Ministers are today desperately looking for ways to prevent businesses collapsing as Boris Johnson prepares to impose tougher lockdowns across a swathe of the country. Chancellor Rishi Sunak is putting together a package expected to resemble the soon-to-expire furlough scheme, but targeted at local areas hit with restrictions under a new ‘traffic light’ system. The mechanism … Read more