Piers Morgan slammed Victoria Beckham’s decision to furlough 30 of her workers, despite her £335m fortune on Good Morning Britain on Monday. Piers, 55, called Victoria, 46, a ‘pampered prima donna millionairess’ and said he was angry that the wife of millionaire footballer David Beckham, 44, was using the government bail-out scheme for her ‘failing … Read more
More than 11 million Britons have been furloughed or left unemployed by the economic shutdown due to coronavirus. Shocking new figures reveal that nearly a third of British workers have been affected by the downturn that has seen many businesses shuttered and employees unable to work. The lockdown is pushing many firms to the brink … Read more
More than 11 million Britons have been furloughed or left unemployed by the economic shutdown due to coronavirus. Shocking new figures reveal that nearly a third of British workers have been affected by the downturn that has seen many businesses shuttered and employees unable to work. The lockdown is pushing many firms to the brink … Read more
Treasury warns that Britain’s economic recovery will be a prolonged U-shaped curve that will hit the country harder Internal report warned the economy could take years to recover from outbreak The analysis, circulated to ministers last week, indicated permanent damage It comes as Rishi Sunak is set to announce further £1.25billion business package Money will … Read more
Boris Johnson is ‘reluctant to end lockdown over fears of a second wave of coronavirus infections’ – despite lowest daily deaths for two weeks – but Sunak and Gove want to ‘run hot’ and ease restrictions sooner Boris Johnson is reportedly reluctant to ease coronavirus lockdown over fears of a second wave of infections But … Read more
Chancellor Rishi Sunak is facing mounting pressure to boost his business bailout so that the Government increases its guarantee on loans to struggling firms to 100 per cent. The Treasury will today announce a further £1.25billion package to support innovative firms hit as the coronavirus lockdown causes the economy to stutter to a halt. It … Read more
Victoria Beckham was slammed on social media after furloughing 30 staff at her struggling fashion label – despite having a staggering family fortune of £335 million. The former Spice Girl, whose handbag collection alone is thought to be worth £1.5 million, is to claim what could amount to tens of thousands of pounds of taxpayers’ money … Read more
Victoria Beckham has furloughed 30 staff at her struggling fashion label – despite having a staggering family fortune of £335 million. The former Spice Girl, whose handbag collection alone is thought to be worth £1.5 million, is to claim what could amount to tens of thousands of pounds of taxpayers’ money to pay a quarter … Read more
Firms could go bust in days as only £8.7billion in emergency loans has been paid out The Chancellor Rishi Sunak announced two bailout schemes to boost lending But just 2.6 per cent of the money available has actually been loaned by banks Firms face bust as only £8.7bn of the £330bn promised has gone out … Read more
London markets fell this morning after Chancellor Rishi Sunak warned Britain faces ‘hardship ahead’ amid fears the coronavirus lockdown could cause the economy to shrink by a third. The FTSE 100 of Britain’s leading firms dropped by 33 points or 0.57 per cent to 5,758 shortly after opening today. It comes after the Office for … Read more
Rishi Sunak is ‘pushing to ease the coronavirus lockdown next month because many people have OVER-INTERPRETED stay-at-home advice by stopping working unnecessarily’ Chancellor Rishi Sunak pushing to ease the UK’s Covid-19 lockdown next month Said there is risk of permanent damage to economy if lockdown goes on too long Mr Sunak hinted at his concern … Read more
Rishi Sunak tonight warned of ‘more tough times to come’ amid warnings the economy faces shrinking by more than a third this quarter with two million people made jobless. The Chancellor said people should brace for ‘hardship’ as he insisted the hit from the lockdown measures designed to combat the deadly coronavirus would be ‘temporary’. … Read more
Nicola Sturgeon today revealed the UK will be extending its coronavirus lockdown for the foreseeable future as she announced the move before stand-in PM Dominic Raab. The Scottish First Minister let slip at lunchtime that a UK-wide review of the social distancing measures due to be carried out by Thursday is ‘not likely to result … Read more