Britain’s bailout battle is heating up before the first penny has even been paid in an unprecedented effort to save jobs amid the coronavirus pandemic. While more than half of U.K. companies are expected to apply for government grants to pay furloughed employees, critics say they expect too much of the cash to go where … Continue reading
The Treasury’s coronavirus job retention scheme paying 80 per cent of wages for furloughed workers is being extended by a month to the end of June, chancellor Rishi Sunak has announced.The move comes a day ahead of Saturday’s deadline for employers to issue redundancy notices for staff being laid off at the end of next … Continue reading