A million people could lose their jobs this year as unemployment hits 7.4 per cent and GDP slumps 9.5% – but the Covid economic downturn might NOT be as bad as feared, says the BofE The Bank of England has published its latest quarterly Monetary Policy report with views on the UK economy It predicts … Read more
ALEX BRUMMER: Europe’s feeble bail-out will not be enough to head off large scale unemployment By Alex Brummer for the Daily Mail Published: 22:42 BST, 21 July 2020 | Updated: 23:14 BST, 21 July 2020 The longest summit in the European Union’s history finally has delivered a result. The £680billion Covid-19 rescue package breaks new ground. … Read more
I’m worried about redundancy: Can I apply for unemployment insurance even though I’m on furlough? By Will Kirkman For Thisismoney.co.uk Published: 07:41 BST, 16 July 2020 | Updated: 07:41 BST, 16 July 2020 I’ve been on furlough since March and it’s been extended to October – but I am worried my employer will make me … Read more
Government will pay £2bn in wages for 300,000 young people to keep them off the dole as Rishi Sunak puts jobs at the heart of his mini-Budget today Chancellor Rishi Sunak is set to announce a mini-budget on Wednesday The plan will set out how Britain’s economy will recover from the COVID-19 crisis Mr Sunak’s … Read more
Government will pay £2bn in wages for 300,000 young people to keep them off the dole as Rishi Sunak puts jobs at the heart of his mini-Budget today Chancellor Rishi Sunak is set to announce a mini-budget on Wednesday The plan will set out how Britain’s economy will recover from the COVID-19 crisis Mr Sunak’s … Read more
Unemployment in Britain could soar to 1980s levels with 3.8million on the dole due to the wreckage caused by the coronavirus lockdown. Labour has warned that ministers need to do more to support struggling businesses as both main parties try to come up with ways to rescue the economy. Statistics from the House of Commons library … Read more
Unemployment in Britain could soar to 1980s levels with 3.8million on the dole due to the wreckage caused by the coronavirus lockdown. Labour has warned that ministers need to do more to support struggling businesses as both main parties try to come up with ways to rescue the economy. Statistics from the House of Commons library … Read more
Chancellor Rishi Sunak is being urged to consider a four-day working week as part of efforts to overhaul the economy after the coronavirus pandemic. A letter signed by MPs including former Labour shadow chancellor John McDonnell, Green MP Caroline Lucas and Guardian columnist Owen Jones, argues for reducing working hours so that ‘work is shared … Read more
Chancellor Rishi Sunak is being urged to consider a four-day working week as part of efforts to overhaul the economy after the coronavirus pandemic. A letter signed by MPs including former Labour shadow chancellor John McDonnell, Green MP Caroline Lucas and Guardian columnist Owen Jones, argues for reducing working hours so that ‘work is shared … Read more
Fat cats accused of ‘virtue signalling’ as they revert to full pay while millions face unemployment By Tom Witherow For The Daily Mail Published: 21:50 BST, 17 June 2020 | Updated: 21:50 BST, 17 June 2020 Bosses of FTSE 100 firms have been accused of ‘virtue signalling’ by reinstating their full salaries as millions face … Read more