Sunak’s latest bailout package sends Britain’s annual budget deficit towards £400bn By Daily Mail City & Finance Reporter Published: 21:56 BST, 22 October 2020 | Updated: 22:30 BST, 22 October 2020 Rishi Sunak’s latest bailout package for businesses could push Britain’s annual budget deficit above £400billion, experts warned last night. Business leaders hailed the generosity … Read more
Pub and restaurant bosses today welcomed Rishi Sunak‘s ‘new furlough scheme’ to help those in the hospitality sector – as others warned it will still be a tough winter for many. The Chancellor has unveiled another bailout worth billions of pounds in a bid to boost support for stricken businesses under Tier Two lockdown and … Read more
Rishi Sunak’s old boss at Goldman Sachs ‘is in the running’ to become £160,000-a-year BBC chairman Richard Sharp believed to be applying for the prestigious role at the corporation The multi-millionaire Tory donor worked with the Chancellor at banking giant It comes as George Osborne has pulled out of the race for the high-profile role … Read more
Rishi Sunak will today launch a new rescue package to help firms hit by Covid restrictions retain their staff. The Chancellor will update MPs this morning on a package of support set to cost hundreds of millions of pounds to help firms in sectors such as hospitality, which have been badly hit by new restrictions … Read more
Andy Burnham has called on MPs to ‘reject’ Rishi Sunak’s new coronavirus bailout programme because it will lead to ‘severe redundancies’ across the North of England Manchester Mayor Andy Burnham today called on MPs to ‘reject’ Rishi Sunak‘s new coronavirus bailout programme because it will lead to ‘severe redundancies’ across the North of England. The … Read more
The Mayor of Liverpool has slammed ‘Saint’ Rishi Sunak‘s new furlough scheme as ‘not generous’ and accused him of treating the North of England with ‘disdain’. Under furlough mark two, workers can claim two-thirds of their wages up to £2,100 from the UK Government if coronavirus restrictions require their employers to pull down the shutters. … Read more
ALEX BRUMMER: Sunak has done more to support the economy than anybody rightfully could have expected By Alex Brummer for the Daily Mail Published: 21:52 BST, 9 October 2020 | Updated: 21:52 BST, 9 October 2020 The sub-octane growth data for August underline how vulnerable the UK still is to the pandemic. The economy has … Read more
Hard-hit workers have been told to retrain into jobs they’re already doing after filling out the Government’s online ‘skills assessment’ questionaire – as the nation continued to mock the five-minute quiz today. A woman in her 50s was told to retrain as a stunt double, prompting her to joke ‘I could be a stunt double … Read more
Strictly Come Dancing judge Craig Revel-Horwood has slammed Chancellor Rishi Sunak‘s suggestion that those working in the arts and entertainment should retrain. Speaking on FUBAR Radio, Craig, 55, hit back at what he called the ‘ludicrous’ remarks made on Tuesday by Sunak, who said people should be prepared to retrain to work in other jobs … Read more
Rishi Sunak has come under fire for a bizarre party conference speech beset by technical problems this morning, with his eyes ‘darting back and forth’ as he tried to read the auto-cue. The Chancellor’s speech cut out shortly after it began and he struggled to awkwardly read off a teleprompter that appeared to have been … Read more