furlough

Companies repay nearly £400m in furlough cash to HMRC

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Companies repay nearly £400m in furlough cash as HM Revenue & Customs says it expects to investigate 10,000 over abuse of the huge bailout HMRC and Treasury officials gave evidence to MPs about huge Covid bailouts HMRC’s Jim Harra revealed that £382million of furlough has been repaid so far The department expects to investigate 10,000 … Read more

Hospitality sector hit by delay to furlough bonuses

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Hospitality bosses fear Government U-turn on bonuses for retaining furloughed staff could jeopardise financing deals with lenders By Harriet Dennys, Financial Mail On Sunday Published: 21:50 GMT, 7 November 2020 | Updated: 21:50 GMT, 7 November 2020 Hospitality bosses fear the Government U-turn on bonuses for retaining furloughed staff could jeopardise financing deals with lenders.  … Read more

MILLIONS of workers face furlough ‘limbo’ for a YEAR after Rishi U-turn

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Rishi Sunak’s U-turn on furlough is a sign lockdown might last a ‘lot longer’ than ministers are admitting, experts warned today. The respected IFS think-tank delivered a withering verdict on the extraordinary shift as it said leaving millions of workers in limbo for a year could slow the economic recovery. In a change that could … Read more

Conservatives’ fury as Rishi Sunak extends furlough scheme til March

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Rishi Sunak dramatically extended the furlough scheme until March today – effectively admitting renewed lockdowns had left his coronavirus strategy in tatters. In another extraordinary policy shift set to cost the government £40billion and slammed as ‘wasteful and poorly targeted’ by experts, the Chancellor admitted the recovery had ‘slowed’ and businesses now faced ‘uncertainty’ stretching … Read more

Fury over redundancies made before Rishi Sunak’s furlough extension

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Hundreds of workers who have recently lost their jobs are furious with Rishi Sunak after he said the furlough scheme will be extended until the end of March. In a major Government U-turn the Chancellor said the move is needed to quell the economic situation caused by the Covid-19 pandemic. The job furlough scheme had been due to … Read more

British Airways suspends Gatwick flights, will furlough more staff

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British Airways suspends ALL flights from Gatwick airport and will furlough ‘many more’ staff as new Covid lockdown bites BA said it will be ‘moving many more colleagues’ onto Job Retention Scheme  Second shutdown of BA flights at Gatwick after one that followed first lockdown The airline said it will massively scale back all flights … Read more

Rishi Sunak faces fury from workers made redundant just before he announced extension to furlough

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Hundreds of workers who have recently lost their jobs are directing fury at Rishi Sunak, after he announced today that the jobs furlough scheme would be extended until the end of March. In a major Government U-turn the Chancellor said that the move is needed due to quell the economic situation caused by the Covid-19 … Read more

British Airways suspends all flights from Gatwick airport and will furlough ‘many more’ staff

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British Airways suspends all flights from Gatwick airport and will furlough ‘many more’ staff as new Covid lockdown bites BA said it will be ‘moving many more colleagues’ onto Job Retention Scheme  Second shutdown of BA flights at Gatwick after one that followed first lockdown The airline said it will massively scale back all flights … Read more

Rishi Sunak is ‘set to extend furlough until March’

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Rishi Sunak is braced to extend the furlough scheme until March amid renewed lockdowns and demands from Nicola Sturgeon. The Chancellor will set out the Government’s business support package to the Commons, admitting the month-long national squeeze in England will have ‘significant additional impacts’ on the economy. But Mr Sunak is expected to go further by … Read more

Nicola Sturgeon blasts Rishi Sunak over lack of furlough ‘clarity’ for Scots workers

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Nicola Sturgeon blasts Rishi Sunak over furlough for Scotland claiming there is STILL a lack of ‘clarity’ over whether plan to pay 80 per cent of wages extends to the country She attacked a lack of ‘clarity’ over whether 80% vow counted in Scotland English workers will get the payments for four weeks from tomorrow … Read more