Government could pay 10% of wages for people who go BACK to work in furlough ‘flip’ as Rishi Sunak desperately tries to stop employers laying-off staff in October More than a million firms have utilised Job Retention Scheme during pandemic But many fear they’ll be unable to keep employees when support ends in autumn Treasury … Read more
Dozens of NHS workers take part in a candlelit vigil to pay tribute to coronavirus victims The vigil was also to mark the upcoming 72nd anniversary of the NHS on Sunday About 50 NHS staff carried a lantern to represent every 1,000 people who died They began at St Thomas’ Hospital and then proceeded to … Read more
Do your duty and return furlough cash: Pay it back if you can, firms urged By James Salmon And Matt Oliver For The Daily Mail Published: 22:00 BST, 3 July 2020 | Updated: 22:00 BST, 3 July 2020 Cash-rich companies that bounce back quickly from the coronavirus crisis have been urged to join the ‘national … Read more
As her husband Nick Cordero continues his fight against the ravages of COVID-19, Amanda Kloots has a lot on her plate. After spending another day by his bedside at Cedars-Sinai Hospital, the actress gave her followers another update on his condition, and also revealed she plans to refinance their LA home to pay for medical … Read more
The Los Angeles City Council voted to cut the Los Angeles Police Department’s budget by $150million. The City Council approved the massive budget slash in a near landslide victory of 12-2 on Wednesday in the latest blow dealt to police forces. It will affect overtime pay and reduce the number of employees to the lowest … Read more
British Airways has today announced it will switch all of its short-haul flights from Gatwick Airport to Heathrow as it looks to keep costs down in the midst of the coronavirus pandemic. It comes as Ryanair threatened to cut 3,500 jobs if pilots and cabin crew don’t agree to pay cuts, the airline’s owner Michael … Read more
Standard Life Aberdeen to pay new boss up to £6.3m: Veteran banker Stephen Bird set to replace departing chief exec Keith Skeoch By James Salmon for the Daily Mail Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 One of the UK’s biggest fund managers has rolled out the red carpet … Read more
Senior staff at our firm were asked to take pay cuts of up to 20 per cent. Mine took me back into the basic rate income tax bracket. What happens to my pension contributions on which I was benefiting from higher rate relief? Pension impact: I took a pay cut and I’m back to paying basic … Read more
Britain will have to pay almost £2,000-per-patient for one of the only two approved Covid-19 drugs, it was revealed today. Gilead Sciences announced it would charge governments of developed countries $390 (£320) per vial of remdesivir. Most hospitalised patients will need six vials of the Ebola drug — equating to $2,340 (£1,900) for every patient, … Read more
The heroics of the supermarkets, whose regiments of staff have kept us fed, watered and toilet papered in lockdown, deserves great applause. Less appetising has been grasping behaviour at board level. On Thursday, directors of Sainsbury’s will face questions at its annual meeting over the pay and bonus package for its incoming chief executive Simon … Read more