Pub and restaurant bosses today welcomed Rishi Sunak’s ‘new furlough scheme’ to help those in the hospitality sector – as others warned it will still be a tough winter for many. The Chancellor has unveiled yet another bailout in a bid to boost support for stricken businesses struggling under Tier Two lockdown and the self-employed. … Read more
Pub and restaurant bosses today welcomed Rishi Sunak’s ‘new furlough scheme’ to help those in the hospitality sector – as others warned it will still be a tough winter for many. The Chancellor has unveiled another bailout worth billions of pounds in a bid to boost support for stricken businesses under Tier Two lockdown and … Read more
Rishi’s new bailout Firms in Tier 2 lockdown eligible for £2,100-a-month grants, potentially benefiting 150,000 businesses. If there is full take-up it could cost £1billion. Job Support Scheme changed so employers pay just 5 per cent of unworked hours – down from a third – and the minimum threshold for hours worked will be one day … Read more
Rishi’s new bailout Firms in Tier 2 lockdown eligible for £2,100-a-month grants, potentially benefiting 150,000 businesses. Job Support Scheme changed so employers pay just 5% of unworked hours – down from a third – and the minimum threshold for hours worked will be one day a week instead of 33%. Self-employed grants increased to cover … Read more
Rishi Sunak will today launch a new rescue package to help firms hit by Covid restrictions retain their staff. The Chancellor will update MPs this morning on a package of support set to cost hundreds of millions of pounds to help firms in sectors such as hospitality, which have been badly hit by new restrictions … Read more
Rishi Sunak will today launch a new rescue package to help firms hit by Covid restrictions retain their staff. The Chancellor will update MPs this morning on a package of support set to cost hundreds of millions of pounds to help firms in sectors such as hospitality, which have been badly hit by new restrictions … Read more
Rishi Sunak is working on package to help companies stuck in Tier Two coronavirus lockdown, says Treasury staff The Chancellor is considering ‘range of measures’ to help restricted businesses Rishi Sunak underlined the economic damage caused by Covid-19 restrictions Finance officials have predicted the GDP will be 3 per cent smaller in long term By … Read more
A growing feud between Andy Burnham and top ministers is set to intensify after the Labour mayor labelled Rishi Sunak ‘the problem’ in a row over tighter coronavirus restrictions in Greater Manchester. The mayor of Greater Manchester, who has called for more financial support for the area ahead of plans to plunge it into a Tier … Read more
A growing feud between Andy Burnham and top ministers is set to intensify after the Labour mayor labelled Rishi Sunak ‘the problem’ in a row over tighter coronavirus restrictions in Greater Manchester. The mayor of Greater Manchester, who has called for more financial support for the area ahead of plans to plunge it into a Tier … Read more
Rishi Sunak has warned a ‘blunt’ circuit-breaker national lockdown could cause ‘permanent damage,’ to UK jobs and firms. There are growing calls, particularly from Labour leader Sir Keir Starmer, for a two-week circuit breaker to be implemented as a means of slowing the Covid-19 infection rate. Manchester and Lancashire could well join Liverpool under Tier … Read more