No furlough at Funding Circle: Online lender vows not to take taxpayer cash to cover wages By Daily Mail City & Finance Reporter Published: 22:16 BST, 8 July 2020 | Updated: 22:16 BST, 8 July 2020 Furlough pledge: Funding Circle has vowed not to take any taxpayer cash to cover the wages of its employees Online lender … Read more
Hand back furlough billions, firms are urged as builder Redrow becomes the latest to pledge to return the money By Matt Oliver For The Daily Mail Published: 22:26 BST, 30 June 2020 | Updated: 22:26 BST, 30 June 2020 Big companies are facing pressure to hand back taxpayer cash used to furlough their staff after … Read more
Minneapolis city council members spend $63,000 of taxpayer money on private security details after receiving death threats from ‘white nationalists’ for voting to abolish the police department A city spokesperson said the private security details were ordered for council members Andrea Jenkins, Phillipe Cunningham and Alondra Cano The security has come at the taxpayer’s expense, … Read more
Olympic hero Sir Steve Redgrave used controversial ‘tax avoidance’ scheme that cost the taxpayer up to £5million Scheme gave investors tax breaks for money put towards regeneration projects However, some who contributed were able to claim greater relief than allowed Rower’s involvement comes after HRMC won a tribunal over two Scottish firms By Dan Ripley … Read more
A peer was last night accused of ‘milking the taxpayer’ by furloughing himself while claiming the daily House of Lords allowance during lockdown. Lord Fox, 62, has used the Government’s job retention scheme to pay himself as the owner of a strategic communications company. But the Liberal Democrat frontbench spokesman for business has also chosen … Read more
P&O ferries’ Dubai owner slams government for ‘slow’ reaction to its demands for £150m taxpayer bailout to save ‘thousands’ of jobs and protect ‘vital’ supply routes amid coronavirus lockdown P&O owner has applied for a £150million bailout from the UK government Sultan Ahmed bin Sulayem is yet to hear back and accused them of being … Read more
Britain’s biggest steelmaker Tata Steel seeks taxpayer bailout of £500m – 10 times the amount available under government support scheme Tata Steel is in need of £500m funding package due to coronavirus impact Company has approached UK and Welsh Governments for financial support Local MP Stephen Kinnock asked Treasury to lift cap on business loans Tata Steel … Read more
Housebuilders spark row over taxpayer cash as they rush to furlough staff – despite making billions off Government’s Help to Buy scheme By Matt Oliver For The Daily Mail Published: 21:50 BST, 13 April 2020 | Updated: 21:50 BST, 13 April 2020 Britain’s biggest housing companies have furloughed more than 9,000 workers using taxpayer cash … Read more