‘Oh s***!’ Robert Peston makes hilarious gaffe when he doesn’t realise he is being broadcast to the nation during Rishi Sunak’s coronavirus press conference The Chancellor asked for questions from journalists at today’s press conference Peston appears to be having technical difficulties at home and says ‘oh sh**’ Social media users found the mistake hilarious … Read more
Rishi Sunak finally unveiled a multi-billion-pound coronavirus bailout for millions of stricken self-employed workers tonight – but left hundreds of thousands just above a ‘cliff edge’ cut-off wondering how they will make ends meet. The Chancellor unveiled a scheme handing out cash grants worth up to £2,500 a month, in a massive boost for taxi drivers, musicians, … Read more
Barclays was last night accused of charging struggling firms up to 12 per cent interest on Government-backed crisis loans. Major banks have also come under fire for telling company directors their personal assets will be seized if their businesses fail. The Coronavirus Business Interruption Loan Scheme was launched by 40 lenders on Monday as part … Read more
Both Boris Johnson and the Chancellor Rishi Sunak have said they will spend ‘whatever it takes’ to beat coronavirus. Neither of them has the faintest idea what the final cost will be. By offering vast loans of hundreds of billions of pounds to companies (some of which may never be paid back), and by paying … Read more
Boris Johnson is facing fury today over his apparent failure to support self-employed workers during the coronavirus crisis amid claims he will soon offer them 80 per cent of their incomes to stop them falling into poverty. The Prime Minister met with his Cabinet in Number 10 this morning, just hours after he put the UK … Read more