Breaking news
More than half of furloughed employees have ALREADY returned to work despite scheme only starting being phased out from today Fewer than 4.5 million employees are still furloughed, according to new report The scheme peaked at almost eight million workers in April during lockdown Firms must from today contribute towards the cost of their furloughed … Read more
The £4.50 mortgage: Fears furloughed workers will be unable to buy a new home after Britain’s fifth biggest bank TSB lists their salary as just £1 Lenders fear furloughed workers will not have a job to return to after the scheme TSB will only offer mortgages to furloughed workers if their partner is earning Some … Read more
Leading firms were urged yesterday to forgo millions of pounds in Government bonuses for putting furloughed staff back to work. Business leaders and MPs said that the public funds should be claimed only by companies in dire straits. Taylor Wimpey, Barratt Homes and Redrow said they will not be claiming payouts under the £9billion Job … Read more
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
Kensington Palace’s head gardener reveals 75% of his team has been furloughed as he shares behind-the-scenes snap of the Sunken Garden – but insists you ‘roll up your sleeves, eat chocolate and get to work’ Kensington Palace’s head gardener has revealed his fighting spirit Is leading a scaled-back team to keep the Palace’s famous gardens … Read more
Firms must pay 20 per cent of wages for furloughed staff from August, Rishi Sunak will say today as he starts to wind down massive bailout despite fears of a wave of redundancies Rishi Sunak is announcing the details of furlough scheme changes after August The Chancellor is set to say firms will have to … Read more
Employers will have to pay a quarter of furloughed staff’s wages from August, Chancellor Rishi Sunak is expected to announce Rishi Sunak will ask businesses to pay 25 per cent of furlough money for staff Chancellor is expected to make radical announcement today or this weekend It comes as 8.4 million workers are now furloughed … Read more
The number of jobs being bailed out by the government has hit a new high of 8.4million – plus 2.3million self-employed. New figures showed another 400,000 have been furloughed over the past week, with a million employers now putting in for a total of £15billion since the scheme began in March. Meanwhile, claims under the … Read more
Millionaire Steve Coogan faces further fury as it emerges his TV production company furloughed NINE staff – after he also used taxpayer scheme for his gardener and housekeeper Seven full-time employees and two temporary staff have been furloughed Baby Cow Productions is behind hit shows including Gavin and Stacey Coogan, the firm’s founder, owns 25% … Read more
Employers will have to pay 25 per cent of their furloughed staff’s wages from August under plans set to be announced by Chancellor Rishi Sunak. Mr Sunak last week extended the government’s coronavirus furlough scheme – in which the government covers 80 per cent of wages of workers’ wages up to a ceiling of £2,500 … Read more