taxpayer

‘Sell one of your yachts!’: Outrage as billionaire Sir Philip Green asks for taxpayer help

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Sir Philip Green provoked outrage today as he demanded emergency taxpayer help to pay the wages of 14,500 workers he has furloughed during the coronavirus lockdown.  Furious Twitter users suggested the disgraced businessman should sell one of his three yachts, which include the £122million Lionheart, or use some of his estimated £1.8billion fortune rather than … Read more

Rishi Sunak’s latest coronavirus bailout package ‘will cost the taxpayer BILLIONS each month’

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Chancellor Rishi Sunak’s employment support package will cost the taxpayer billions of pounds a month, the Institute for Fiscal Studies (IFS) said tonight. IFS director Paul Johnson said the final cost to the Exchequer of paying up to 80% of the wages of workers whose jobs were under threat from the coronavirus outbreak was ‘unknowable’. … Read more