The cost of furloughing millions of British workers rose by more than £2billion in the last week of July, new figures show. Some 9.6 million jobs had been covered by the coronavirus Job Retention Scheme (JRS) up to August 2, Government figures show. This was an increase of 100,000 on the previous week. The cumulative … Read more
Pimlico Plumbers tycoon Charlie Mullins FIRES staff who refused to return to work from furlough and hits out at people ‘milking’ the system 30 staff lost their jobs when Pimlico ended its use of the furlough scheme Pimlico Plumbers is one of the UK’s biggest independent t plumbing firms Charlie Mullins says many on furlough … Read more
Businesses told they must keep their doors shut just hours before they expected to reopen will face ‘job crisis’ if they can’t afford to pay staff, Labour warns, as the government’s furlough scheme begins to wind down. Shadow business secretary Ed Miliband said bosses are being left with the ‘stark choice’ of laying off staff … Read more
Almost a fifth of workers – an estimated six million people – remain on furlough despite Government attempts to bring the economy back to life, new figures show today. Roughly one in three furloughed workers in Britain returned to their jobs in the first two weeks of July as the hospitality industry began to reopen … Read more
Furlough scheme has now cost £30BILLION – but ending it ‘prematurely’ in October will cost 1.2million jobs, think-tank warns Around 9.5m people remain on the furlough scheme from 1.2million employers Research body warns ending the furlough scheme in October will cost 1.2m jobs National Institute of Economic Research suggests it should last until June 2021 … Read more
I’m worried about redundancy: Can I apply for unemployment insurance even though I’m on furlough? By Will Kirkman For Thisismoney.co.uk Published: 07:41 BST, 16 July 2020 | Updated: 07:41 BST, 16 July 2020 I’ve been on furlough since March and it’s been extended to October – but I am worried my employer will make me … Read more
Almost a third of firms are preparing to lay off staff, according to a devastating report, as Boris Johnson prepares to ditch the working from home guidance and send millions back to the office. The threat of mass lay-offs in the report comes ahead of figures which are today expected to show the biggest fall … Read more
Primark ‘rejects Rishi Sunak’s £30million bonus for bringing back staff from furlough’ amid pressure on other firms to shun the payouts Primark expected to reject £30million bonus for bringing back furloughed staff Rishi Sunak announced £9billion payments for firms in mini-Budget last week Chancellor admitted funding will go to many businesses already up and running … Read more
United Airlines could furlough 36,000 employees, or roughly 45 per cent of its workforce, by October 1 amid a drop in air travel resulting from the coronavirus pandemic. The fall deadline marks when a restriction against enacting furloughs and layoffs in a $5 billion payroll bailout of the airline expires. Officials at United made the … Read more
Rishi Sunak promises £1,000 for EVERY member of staff firms bring back from furlough in £9BILLION ‘jobs bonus’ scheme Cash paid to businesses after staff return to work for at least three months Employees must have earned at least £520 a month before bonus is handed over Mr Sunak told the Commons: ‘If you stand by … Read more