Rishi Sunak could reduce government furlough wage support from 80 per cent to 60 per cent in the months ahead as part of a plan to ease Britain back to work, it was claimed today. The Chancellor is trying to figure out a way to ‘wind down’ the employee support scheme which currently sees the … Read more
Have you found yourself reaching for a soothing glass of wine or three, or a hefty gin and tonic each night during lockdown? While there’s nothing wrong with enjoying a tipple, several of my patients, and even some of my friends, have said that since the lockdown began, they have found themselves drinking more than … Read more
Richard Yeomans, a partner at London law firm Addleshaw Goddard, discusses what the future might hold for furloughed workers and businesses, as the economy attempts to pick things back up from the coronavirus outbreak. The Government’s Coronavirus Job Retention Scheme was an emergency response to an immediate problem. Something had to be done, fast, to … Read more
RUTH SUNDERLAND: Furlough scheme needs to be extended and made more flexible, but it is not a long-term answer By Ruth Sunderland for the Daily Mail Published: 21:52 BST, 3 May 2020 | Updated: 21:52 BST, 3 May 2020 The clamour is growing for the Government to extend and improve its furlough scheme, which is … Read more
The chancellor Rishi Sunak is under pressure to launch a second wave of furlough payments as the government’s scheme is set to run out in June. Industry and manufacturing think-tanks have warned that without further payments up to 35 per cent of jobs could be lost in parts of the UK, as businesses struggle to … Read more
Pretty Little Thing founder Umar Kamani worth £1billion took taxpayers’ cash to furlough 86 staff… as the playboy tycoon lounges in a pool with his beautiful girlfriend Kamani took the decision to use the Government’s scheme to pay workers 80 per cent of their usual income up to a maximum of £2,500 per month On … Read more
Ending furlough scheme in June is ‘tantamount to economic suicide’, say business leaders By Tom Witherow For The Daily Mail Published: 21:50 BST, 30 April 2020 | Updated: 22:26 BST, 30 April 2020 Ending the Government’s near-£50billion wage subsidy scheme in June is ‘tantamount to economic suicide’ as firms will be forced to make mass … Read more
Victoria Beckham REVERSES her decision to furlough 30 fashion label staff during Covid-19 lockdown saying ‘the welfare of my team means everything to me’ Victoria Beckham Ltd had planned to place 30 staff members on furlough The company was seeking up to £150,000 in taxpayer funds for two months The former Spice Girl, whose family … Read more
David Beckham returned to social media on Wednesday after a week-long absence from the platform as he gave his widely-followed Instagram account over to Age UK. The former footballer, 44, took to his platform to support the charity’s work for the elderly during the coronavirus lockdown, and revealed he and his wife Victoria, 46, have been … Read more
Reform furlough scheme to save jobs: Think-tank warns government strategy risks mass redundancies By Daily Mail City & Finance Reporter Published: 23:39 BST, 28 April 2020 | Updated: 23:39 BST, 28 April 2020 The Chancellor is being urged to shake up support for furloughed workers so that businesses can gradually bring them back on reduced … Read more