Super-rich tycoons living in the tax haven of Monaco are using millions of pounds of British taxpayers’ cash to pay the wages of the staff in their UK companies. An investigation by The Mail on Sunday today reveals how firms headed by businessmen enjoying a luxury lifestyle on the French Riviera are receiving huge amounts … Read more
More than a million furloughed workers will get taxpayer-funded wage subsidies after a huge claims rush by firms. More than 2,200 applications per minute flooded in when the Coronavirus Job Retention Scheme opened at 8am yesterday. By 4pm, 140,000 had been received. Chancellor Rishi Sunak praised thousands of staff at HM Revenue and Customs and … Read more
More than a million furloughed workers will get taxpayer-funded wage subsidies after a huge claims rush by firms. More than 2,200 applications per minute flooded in when the Coronavirus Job Retention Scheme opened at 8am yesterday. By 4pm, 140,000 had been received. Chancellor Rishi Sunak praised thousands of staff at HM Revenue and Customs and … Read more
The nuclear option, Championship club owners are calling it. In essence, it is evidence of their increasing despair over the impasse around player wages. Owners and chief executives in the second tier of English football have had conversations about a process known as group administration, the last desperate act to avoid ruin, if no common … Read more
Thousands more workers furloughed as firms take up government’s offer to pay 80% of their wages By Matt Oliver For The Daily Mail Published: 21:50 BST, 6 April 2020 | Updated: 22:19 BST, 6 April 2020 Thousands of workers were furloughed yesterday as more companies jumped on the Government’s offer to pay 80 per cent … Read more
Physical health is at the top of all our minds, but coronavirus could have a severe impact on your financial health too. It is crucial that you prepare for the coming months to ensure your finances are as insulated as they can be from the fallout. The good news is that many institutions such as … Read more
The Government must cover the wages of workers’ threatened with the loss of their livelihoods due to the coronavirus, furious MPs demanded today. Treasury minister John Glen was blasted by both Labour and Tory backbenchers as he tried to explain help for those facing unemployment as the economy goes into meltdown in the face of … Read more