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Manchester bar owner Martin Greenhow has said that businesses like his in Tier 3 are better off ‘sitting on our hands’ and claiming furlough England’s pubs and bars have suffered a ‘mortal blow’ after Boris Johnson imposed brutal Tier 2 and 3 rules on 99% of the country yesterday with one landlord describing the decision as … Read more
Asos has confirmed it plans to repay the Government the money it saved by furloughing around 1,000 staff via the Job Retention Scheme as the pandemic hit. In a trading update, Asos said: ‘As a result of our expectation that we will deliver a better than initially anticipated full-year performance, we are repaying the support … Read more
Asos has confirmed it plans to repay the Government the money it saved by furloughing around 1,000 staff via the Job Retention Scheme as the pandemic hit. In a trading update, Asos said: ‘As a result of our expectation that we will deliver a better than initially anticipated full-year performance, we are repaying the support … Read more
The Chancellor will this week lay out the second stage of his plans to help businesses come off Government financial support and get the country ‘back up and running’.
Chancellor Rishi Sunak ‘will stop firms furloughing more staff from August’ as Government looks to flexible working to get Britain ‘back up and running’ Chancellor Rishi Sunak expected to announces changes to job retention scheme Firms could be banned from furloughing anymore workers at end of July Companies also expected to pay NI contributions and … Read more
Britain’s fifth richest man Sir James Ratcliffe is slammed for furloughing 800 staff at his luxury hotel chain despite £12.2bn fortune Sir James’ hotel chain is using the government’s furlough scheme to pay staff Secured £4million from the Coronavirus Business Interruption Loan Scheme Wealthier hotelier last reported to have had plans to move to tax haven … Read more
A fifth of Britain’s workforce has gone on furlough – at a staggering cost of £8billion. Downing Street yesterday revealed that the Government is now paying the wages of 6.3million workers under the scheme. Employers impacted by the coronavirus are entitled to claim taxpayer money to pay 80 per cent of each staff member’s wages … Read more
Chief executives at 18 FTSE 100 listed companies furloughing thousands of staff raked in over £300million, or over £3million each, in pay and rewards since 2015, new findings from the High Pay Centre claim. There are mounting calls for super-rich fat cat executives to play a bigger part in shouldering the financial burden stemming from … Read more
Victoria Beckham brushes off backlash over furloughing staff and shares throwback family snap on Instagram By Jack Newman For Mailonline Published: 17:29 BST, 26 April 2020 | Updated: 17:29 BST, 26 April 2020 She has faced a strong backlash for her decision to furlough 30 staff at her floundering fashion label. But Victoria Beckham ignored … Read more
Disney heir Abigail Disney has slammed the Hollywood giant for furloughing more than 100,000 workers while protecting executive bonuses and dividends worth more than $1.5billion. The Emmy award-winning film-maker and millionaire criticized Walt Disney Co. Tuesday in an extensive Twitter thread, accusing them of ‘terrible management’ and saying they ‘must do better’. The Disney board … Read more