A gym owner who is spending £20,000 a month furloughing her staff today slammed Boris Johnson for opening pubs before fitness centres. Former Olympic speed skater Sarah Lindsay owns Roar Fitness transformation gyms which have branches across London. Appearing on Good Morning Britain today, she revealed it was costing her some £20,000 a month to … Read more
A gym owner who is spending £20,000 a month furloughing her staff today slammed Boris Johnson for opening pubs before fitness centres. Former Olympic speed skater Sarah Lindsay owns Roar Fitness transformation gyms which have branches across London. Appearing on Good Morning Britain today, she revealed it was costing her some £20,000 a month to … Read more
JD Wetherspoon boss Tim Martin today branded Boris Johnson’s contentious tier system ‘lockdown by stealth’ as landlords said the policy amounts to ‘business torture’. The Prime Minister has imposed brutal Tier 2 and 3 rules on 99 per cent of the country with the restrictions expected to last until mid-January at the earliest. Mr Martin, the founder … Read more
Asos has confirmed it plans to repay the Government the money it saved by furloughing around 1,000 staff via the Job Retention Scheme as the pandemic hit. In a trading update, Asos said: ‘As a result of our expectation that we will deliver a better than initially anticipated full-year performance, we are repaying the support … Read more
Chancellor Rishi Sunak ‘will stop firms furloughing more staff from August’ as Government looks to flexible working to get Britain ‘back up and running’ Chancellor Rishi Sunak expected to announces changes to job retention scheme Firms could be banned from furloughing anymore workers at end of July Companies also expected to pay NI contributions and … Read more
Britain’s fifth richest man Sir James Ratcliffe is slammed for furloughing 800 staff at his luxury hotel chain despite £12.2bn fortune Sir James’ hotel chain is using the government’s furlough scheme to pay staff Secured £4million from the Coronavirus Business Interruption Loan Scheme Wealthier hotelier last reported to have had plans to move to tax haven … Read more
A fifth of Britain’s workforce has gone on furlough – at a staggering cost of £8billion. Downing Street yesterday revealed that the Government is now paying the wages of 6.3million workers under the scheme. Employers impacted by the coronavirus are entitled to claim taxpayer money to pay 80 per cent of each staff member’s wages … Read more
Chief executives at 18 FTSE 100 listed companies furloughing thousands of staff raked in over £300million, or over £3million each, in pay and rewards since 2015, new findings from the High Pay Centre claim. There are mounting calls for highly paid executives to play a bigger part in shouldering the financial burden stemming from the … Read more
Piers Morgan today slammed Victoria Beckham’s decision to furlough 30 of her workers under the government’s coronavirus business retention scheme, despite her £335 million fortune. Piers, 55, called Victoria, 46, a ‘pampered prima donna millionairess’ and said he was angry that the wife of millionaire footballer David Beckham, 44, was using the government bail-out scheme … Read more
Victoria Beckham was slammed on social media after furloughing 30 staff at her struggling fashion label – despite having a staggering family fortune of £335 million. The former Spice Girl, whose handbag collection alone is thought to be worth £1.5 million, is to claim what could amount to tens of thousands of pounds of taxpayers’ money … Read more