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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
The Welsh Government will nationalise its railways after last ditch talks with its current operator failed, it has been announced today. Welsh political leaders had been in talks with KeolisAmey about a possible bailout due to a fall in passenger numbers in the midst of the Covid-19 pandemic. But the negations have now fallen through. … Read more
Rishi Sunak will today unveil yet another bailout amid warnings that thousands of bars and restaurants in Tier Two lockdown areas face going bust. In a dramatic Commons statement this morning, the Chancellor is expected to boost support for sectors like hospitality by hundreds of millions of pounds, after a wave of anger at ‘loopholes’ in … Read more
The Welsh Government is today poised to nationalise its railways after last ditch talks with its current operator failed, according to reports. Welsh political leaders had been in talks with KeolisAmey about a possible bailout due to a fall in passenger numbers in the midst of the Covid-19 pandemic. But the negations have now reportedly … Read more
London drivers could have to pay £27.50 a day if they drive an old polluting car through the center of the city under new congestion charge Sadiq Khan claims ministers are demanding he vastly extends congestion zone Some motorists could be charged twice if they also travel through the ULEZ Boris Johnson yesterday accused Mr … Read more
The Government has agreed to extend its financial support of Transport for London (TfL) for two weeks while negotiations on a new bailout continue. Ministers are demanding that London’s congestion charge zone is extended and free travel entitlements for children and older people are downgraded in return for what would reportedly be a £1 billion … Read more
The EFL have rejected the Premier League’s £150million rescue package because they do not accept the conditions attached to what is primarily a loan. The offer of financial help, which was ordered by the Government to get football through the pandemic, is not a part of the Project Big Picture plan which has rocked the … Read more
Few can match the Midas touch of David Ross, co-founder of Carphone Warehouse who’s amassed a personal fortune of £650 million. His talent for attracting money has not deserted him for I can disclose that Nevill Holt Opera — which Ross founded and funded at his Leicestershire estate — has just been awarded a £100,000 … Read more
Chancellor Rishi Sunak ‘is putting together new furlough-style bailout’ for coronavirus hotspots plunged into local lockdowns next week Boris Johnson set to announce new COVID lockdown system from next week A swathe of the North is expected to be plunged into deeper restrictions Chancellor Rishi Sunak is putting together a new support package for jobs … Read more
Britons have rejected Prime Minister Boris Johnson’s call to work from home as it was revealed that almost two thirds of employees are still heading into the office. The Office for National Statistics said 59 per cent of UK adults travelled to their workplace at some stage in the week to September 27, down from … Read more