Top civil servant refused to sign off on Rishi Sunak’s key bailout plans

Top civil servant at HM Revenue & Customs refused to sign off on Rishi Sunak’s £9bn furlough jobs bonus plan and discounts on eating out because of doubts they are ‘value for money’ Rishi Sunak has been defending latest huge coronavirus response package HMRC chief Jim Harra asked for specific instruction to proceed with policies … Read more

ALEX BRUMMER: Enjoy it while you can… we cannot live on Rishi Sunak’s giveaways forever

No Chancellor in modern times has faced the looming horror of mass unemployment that scarred this country and the world economy in the 1930s. But this is precisely what Rishi Sunak’s unprecedented measures yesterday were designed to stave off. As what has been called the ‘first phase’ of the pandemic comes to an end, the … Read more

Astonished former Chancellor NORMAN LAMONT gives his verdict on Rishi Sunak’s mini-Budget 

The magic money tree… shaken by a Tory! Astonished former Chancellor NORMAN LAMONT gives his verdict on Rishi Sunak’s mini-Budget By Norman Lamont, Former Chancellor, For The Daily Mail Published: 22:36 BST, 8 July 2020 | Updated: 01:21 BST, 9 July 2020 As a former Chancellor of the Exchequer in the 1990s, I can honestly … Read more

Hooray, it’s a stamp duty holiday! Rishi Sunak’s tax cut will give flagging homes market a boost

Rishi Sunak is set to axe stamp duty on most homes on Wednesday in a temporary move designed to boost the flagging housing market. Whitehall sources said the Chancellor was ready to introduce a six-month stamp duty holiday as part of his mini-Budget designed to boost growth and jobs. Mr Sunak is understood to be … Read more

Government could pay 300,000 young people in Rishi Sunak’s £2bn plan to prevent unemployment rise

Government will pay wages of up to 300,000 young people to keep them off the dole as part of Rishi Sunak’s £2bn plan to prevent unemployment surge during Covid-19 recession Chancellor Rishi Sunak is set to announce a mini-budget on Wednesday  The plan will set out how Britain’s economy will recover from the COVID-19 crisis … Read more

Green for go! Rishi Sunak’s £3billion eco jobs boost with workers paid to plant trees

Green for go! Rishi Sunak’s £3billion eco jobs boost pays workers to plant trees, clean up rivers and install insulation as part of the Chancellor’s mini Budget to rev up the faltering economy Chancellor Rishi Sunak has set aside £3billion for a green employment package  It is focused on cutting emissions, improving environment and creating … Read more

Rishi Sunak’s handling of pandemic sees him trounce Boris Johnson in Covid-19 poll

Rishi Sunak’s handling of the Covid-19 crisis has seen his personal poll ratings surge ahead of every member of the Government – including Boris Johnson. The findings, in an exclusive poll for today’s Mail on Sunday, come ahead of a major speech by the Chancellor on Wednesday in which he will set out his plan … Read more

ALEX BRUMMER: Tata tests Sunak’s model with Port Talbot steel plant

When it comes to bailing out firms affected by Covid-19, Rishi Sunak is no pushover. As someone who spent much of his pre-Commons career in private equity, the Chancellor has a good grip on likely survival candidates, and will be keen to make sure all private sector options have been exhausted. There was reluctance in … Read more

What’s happening with furlough? We explain what Sunak’s new ‘flexible furlough’ means for workers

Chancellor Rishi Sunak has revealed how the £10bn-a-month furlough scheme will evolve in the coming months, how businesses will have to contribute more and when it will end. He has also announced more help for self-employed workers. We look at what the new ‘flexible furlough’ will mean for workers, businesses – and the taxpayer. Chancellor … Read more