The billionaire heirs to the Gucci fashion and Graff diamond fortunes are among the fabulously wealthy business owners whose companies have used the taxpayer-funded furlough scheme to pay their staff, a Mail on Sunday investigation can reveal. Our probe has uncovered how despite personal fortunes of hundreds of millions of pounds, some of Britain’s richest landowners … Read more
Billionaire tax exiles, an oil-rich nation and Saudi royals have claimed millions of pounds under the furlough scheme, an investigation reveals. The super-rich owners made the ‘obscene’ claims for taxpayers’ cash for staff who were sent home after their businesses, which include the Ritz Hotel and Harrods department stores, were closed under coronavirus restrictions. The cost … Read more
Rishi Sunak today sparked fears of a future return to lockdown after he extended the furlough scheme to the end of September and announced grants for the self-employed will also continue. The Chancellor used the Budget to confirm that furloughed workers will continue to receive 80 per cent of their wages for the next seven … Read more
Fears of lockdown THREE as Rishi extends furlough AGAIN: Workers will carry on getting 80% of wages until end of September – with businesses expected to contribute from July – and self-employed grants will continue Chancellor Rishi Sunak today confirmed that furlough will continue to October Scheme will not change for employees but employers will … Read more
The furlough scheme that has cost Britain £53billion will be extended to the end of September as Rishi Sunak vows to do ‘whatever it takes’ to help the economy recover. In today’s Budget, the Chancellor will extend the job protection scheme for an extra five months beyond the current deadline at the end of April. … Read more
Rishi Sunak put Britain on standby for tax rises yesterday – as he warned we cannot afford to keep borrowing record sums. Speaking ahead of Wednesday’s Budget, the Chancellor all but confirmed that the £50billion furlough scheme and other Covid support measures will continue until the end of June. The measures are likely to cost … Read more
Two ABBA stars worth a combined £413million used furlough cash to pay staff of Mamma Mia! the musical and other shows, according to reports. Björn Ulvaeus, 75, and Benny Andersson, 74, are co-founders of production firm Littlestar Services – the company behind the stage musical version of Mamma Mia!. Superstar pair Björn and Benny, who set … Read more
Two ABBA stars worth a combined £413million used furlough cash to pay staff of Mamma Mia! the musical and other shows, according to reports. Björn Ulvaeus, 75, and Benny Andersson, 74, are co-founders of production firm Littlestar Services – the company behind the stage musical version of Mamma Mia!. Superstar pair Björn and Benny, who set … Read more
Famous names worth billions have claimed thousands of pounds of taxpayers’ money from the government to furlough staff during the coronavirus pandemic. They include well-known figures like Guy Ritchie, Cara Delevingne, Petra Ecclestone, the Queen’s nephew David Linley and even former US President Donald Trump. The job retention scheme was designed to help employers keep and … Read more
Lockdown impact is laid bare as another 500,000 workers are put on furlough in just TWO WEEKS – with Rishi Sunak preparing to extend the huge £5bn a month bailout scheme until JUNE The furlough rate has increased sharply in the latest ONS survey of businesses Another 500,000 people have gone on leave in most … Read more