Britain’s biggest housebuilder Barratt vows to hand back £27m in taxpayer cash used to furlough thousands of staff By Daily Mail City & Finance Reporter Published: 22:03 BST, 6 July 2020 | Updated: 22:22 BST, 6 July 2020 Britain’s biggest housebuilder has vowed to hand back £27m in taxpayer cash used to furlough thousands of … Read more
Government could pay 10% of wages for people who go BACK to work in furlough ‘flip’ as Rishi Sunak desperately tries to stop employers laying-off staff in October More than a million firms have utilised Job Retention Scheme during pandemic But many fear they’ll be unable to keep employees when support ends in autumn Treasury … Read more
Do your duty and return furlough cash: Pay it back if you can, firms urged By James Salmon And Matt Oliver For The Daily Mail Published: 22:00 BST, 3 July 2020 | Updated: 22:00 BST, 3 July 2020 Cash-rich companies that bounce back quickly from the coronavirus crisis have been urged to join the ‘national … Read more
Hand back furlough billions, firms are urged as builder Redrow becomes the latest to pledge to return the money By Matt Oliver For The Daily Mail Published: 22:26 BST, 30 June 2020 | Updated: 22:26 BST, 30 June 2020 Big companies are facing pressure to hand back taxpayer cash used to furlough their staff after … Read more
Stella McCartney advertises for 30 new staff after using Government bailout scheme to furlough hundreds of staff Stella McCartney furloughed up to half her 1,400 staff across 51 stores in April The designer is advertising roles ranging from administration to knitwear design Six of the new jobs are in China and Japan, 22 are in the … Read more
Taylor Wimpey to repay furlough cash: Builder’s vow ramps up pressure on profitable firms By Matt Oliver For The Daily Mail Published: 21:56 BST, 18 June 2020 | Updated: 21:57 BST, 18 June 2020 Firms that rake in huge profits have come under pressure to hand back taxpayer’s cash for furloughed staff, after Taylor Wimpey … Read more
HALF of businesses say they will lay off staff once furlough ends amid fears UK faces 1980s levels of unemployment due to coronavirus lockdown YouGov poll found 51 per cent of business leaders expect lay-offs after furlough A fifth believe they will need to let 30 per cent or more of their workforce go Some … Read more
Almost a fifth of the populations of some parts of Britain have been furloughed due to coronavirus, according to official figures that today reveal the job retention scheme has now cost almost £20billion. London has been the worst affected area, with all but one of the areas with the most furloughed posts covered by the … Read more
British Airways facing backlash over claims it abused furlough scheme: Airline’s lucrative landing slots at Heathrow now under review By James Salmon for the Daily Mail Published: 21:50 BST, 3 June 2020 | Updated: 22:37 BST, 3 June 2020 British Airways could be stripped of lucrative landing slots at Heathrow Airport after it was accused … Read more
Chancellor Rishi Sunak has revealed how the £10bn-a-month furlough scheme will evolve in the coming months, how businesses will have to contribute more and when it will end. He has also announced more help for self-employed workers. We look at what the new ‘flexible furlough’ will mean for workers, businesses – and the taxpayer. Chancellor … Read more