Primark will repay £121m in furlough cash after ‘record sales’ since reopening this month 

Primark will repay £121m in furlough cash and hand shareholders £49m in dividends after ‘record sales’ since reopening this month Primark will hand back £121 million from government’s job retention scheme Comes despite 17% slump in sales and drop in operating profits to £319 million Company’s 188 stores across UK have been closed for months due to lockdown … Read more

ANNA MIKHAILOVA: Because we’re worth it… L’Oreal defends £1million furlough claim

L’Oreal has pocketed nearly £1m in British taxpayer cash – despite making billions in profits during the pandemic. New figures from HM Revenue & Customs reveal the global cosmetic giant was given ‘£500,000 to £1m’ in furlough money in December and January alone – and continues to claim. And while some of the French-based firm’s … Read more

Tim Martin made £50million from selling shares while Wetherspoon was claiming furlough cash

Wetherspoons founder Tim Martin made £50million from selling shares while pub chain was claiming furlough cash Wetherspoons chairman Tim Martin sold £50 million worth of shares in January Data shows the business claimed more than £25 million furlough in same month The outspoken businessman is now facing calls to hand back the furlough funds By … Read more

Tim Martin made £50million from selling shares while Wetherspoon was claiming furlough cash

Wetherspoons founder Tim Martin made £50million from selling shares while pub chain was claiming furlough cash Wetherspoons chairman Tim Martin sold £50 million worth of shares in January Data shows the business claimed more than £25 million furlough in same month The outspoken businessman is now facing calls to hand back the furlough funds By … Read more

ANNA MIKHAILOVA: Because we’re worth it… L’Oreal defends £1million furlough claim

L’Oreal has pocketed nearly £1m in British taxpayer cash – despite making billions in profits during the pandemic. New figures from HM Revenue & Customs reveal the global cosmetic giant was given ‘£500,000 to £1m’ in furlough money in December and January alone – and continues to claim. And while some of the French-based firm’s … Read more

Co-op to repay £15.5m Covid furlough support but will keep £66m business rates relief

Co-op vows to repay £15.5m furlough cash it received during lockdown as its annual profits more than double to £77m – but it won’t hand back £66m business rates relief Supermarket chain confirmed it will repay Government’s £15.5m for furlough But they confirmed they would hold onto £66m it secured in business rates relief News … Read more

Penguin refuses to hand back furlough cash despite soaring profits

Penguin books refuses to hand back furlough cash despite seeing profits soar by a fifth during Covid By Daily Mail City & Finance Reporter Published: 21:53 BST, 5 April 2021 | Updated: 21:53 BST, 5 April 2021 Britain’s biggest publisher has refused to hand back any of the Government’s furlough support even though its profits … Read more

Britain’s biggest publisher Penguin Random House refuses to hand back £1million furlough cash

Britain’s biggest publisher Penguin Random House refuses to hand back any of the £1million furlough cash it received despite its profits soaring by a FIFTH during lockdown Penguin Random House used furlough scheme between April and June last year Publishing houses benefited from a reading renaissance during the lockdown  Move likely to spark outrage as … Read more

Britain’s biggest publisher Penguin Random House refuses to hand back £1million furlough cash

Britain’s biggest publisher Penguin Random House refuses to hand back any of the £1million furlough cash it received despite its profits soaring by a FIFTH during lockdown Penguin Random House used furlough scheme between April and June last year Publishing houses benefited from a reading renaissance during the lockdown  Move likely to spark outrage as … Read more

Relief as firms pay back £450m in furlough cash

Thousands of businesses repay nearly £450m in taxpayer money claimed for staff wages during pandemic By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 3 April 2021 | Updated: 22:12 BST, 3 April 2021 Thousand of businesses have repaid nearly £450million in taxpayer money claimed for staff wages during the pandemic, The Mail on … Read more