Chancellor Rishi Sunak will order banks to hand over loans to struggling firms as ‘one million businesses teeter on the brink of collapse’ because government backed schemes are not being passed on and companies ‘furlough half their staff’ New survey of business suggests there is a massive take up of furlough scheme Some 44 per … Read more
Business Secretary Alok Sharma today fired a broadside at UK banks as he warned them it would be ‘completely unacceptable’ to ‘unfairly refuse’ loans for coronavirus-hit firms. The government previously set out the terms of a bailout for businesses to allow them to access money in order to stay afloat. But many firms have detailed … Read more
Business Secretary Alok Sharma today fired a broadside at UK banks as he warned them it would be ‘completely unacceptable’ to ‘unfairly refuse’ loans for coronavirus-hit firms. The government previously set out the terms of a bailout for businesses to allow them to access money in order to stay afloat. But many firms have detailed … Read more
Nearly a million Britons try to claim Universal Credit over two week period after huge surge in ex workers applying for support amid coronavirus crisis Around 880,000 people applied for Universal Credit in a two week period This is significantly above the 100,000 applications normally made in a fortnight Labour MP Stephen Timms said some … Read more
Nearly a fifth of small British businesses could be forced to close in the next four weeks after running out of cash amid complaints banks are refusing to give them government-backed loans. Many bosses said they had been refused an emergency coronavirus loan for not meeting the criteria while others could not get through on … Read more
Nearly a FIFTH of UK firms could shut within four weeks: Up to a million small to medium companies face ruin because banks are ‘refusing to give them government-backed loans’ By Rory Tingle For Mailonline Published: 08:19 BST, 1 April 2020 | Updated: 08:25 BST, 1 April 2020 Nearly a fifth of small British businesses … Read more
Chancellor Rishi ‘Dishy’ Sunak is the voters choice to stand in for Boris Johnson if the Prime Minister becomes too ill from coronavirus, exclusive poll reveals Endorsement comes after Prime Minister revealed he tested positive for virus Rishi Sunak is backed as the stand-in premier by voters, Deltapoll reveals 78 per cent of respondents also … Read more
Ex-Cabinet minister David Davis slams Chancellor Rishi Sunak’s ‘tax raid’ on the self-employed to fund coronavirus bailout Chancellor Rishi Sunak suggests tax hike to pay self-employed coronavirus aid Mr Davis said putting taxes up for self-employed would be ‘final straw’ for many Tory sources say up to 50 Conservative MPs could back rebellion led by … Read more
Where did Boris Johnson catch coronavirus… and who did he infect? How PM came into close contact with politicians and health chiefs over past 10 days before testing positive By Mark Duell for MailOnline Published: 12:56 GMT, 27 March 2020 | Updated: 16:03 GMT, 27 March 2020 Boris Johnson has been in close contact with … Read more
SIMON WALTERS: Mr Moneybags Rishi Sunak has made it abundantly clear about coronavirus aid packages… he wants it all back By Simon Walters for the Daily Mail Published: 22:16 GMT, 26 March 2020 | Updated: 04:35 GMT, 27 March 2020 During his six weeks as Chancellor, the sight of Rishi Sunak standing at the Downing … Read more