BT boss Philip Jansen promises no furlough or sacking for staff and 1.5% pay increase for workers

BT boss Philip Jansen says no staff will be fired or furloughed in next three months as he offers 1.5 per cent rise and vows to give up his £1.1m-a-year salary for six months Philip Jansen wrote a letter to all employees today making number of promises Mr Jansen was first FTSE 100 boss to … Read more

Piers Morgan and Jamie Carragher lead criticism of Liverpool after they furlough non-playing staff

Liverpool Football Club is continuing to deal with a range of challenges caused by the impact of the COVID-19 pandemic and would like to update supporters on the progress that has been made to date.  While our priority from the outset has been to focus primarily on the health and wellbeing of our players, staff, … Read more

Liverpool reveal they have placed staff on furlough but insist employees will still be paid

Liverpool Football Club is continuing to deal with a range of challenges caused by the impact of the COVID-19 pandemic and would like to update supporters on the progress that has been made to date.  While our priority from the outset has been to focus primarily on the health and wellbeing of our players, staff, … Read more

Bailout of the giants: Biggest firms put thousands of staff on furlough – and we face £60bn bill 

Bailout of the giants: Biggest firms put thousands of staff on furlough – and we face £60bn bill British Airways, Nissan, Arcadia and Ovo all planning to furlough workers  Join a growing list of names, from Greggs to Costa, McDonald’s and Primark Experts say as many as 6.1million private sector employees could be furloughed  By … Read more

Disney to furlough some ‘non-essential’ U.S. employees from April 19 in wake of coronavirus shutdown

Walt Disney Co said Thursday it will start furloughs of non-essential U.S. employees across the company on April 19 in response to the global coronavirus outbreak that has shut down or disrupted its media and theme park businesses. Disney had committed to full pay and benefits for all employees through April 18 despite the closure … Read more

British Airways will furlough workers on 80 per cent pay after grounding all flights at Gatwick

British Airways has struck a deal with its unions to suspend more than 30,000 cabin crew and ground staff in one of the airline industry’s most dramatic moves yet to survive the coronavirus pandemic. With global travel in turmoil as the virus takes hold around the world, BA’s owner, IAG, said it would also cut … Read more

UK coronavirus bailout bill set to SOAR after firms ‘furlough half their staff’

UK coronavirus bailout bill is set to SOAR after firms ‘furlough half their staff’ – as Rishi Sunak plans ANOTHER rescue package for business amid growing fears companies are unable to access the loans they need New survey of business suggests there is a massive take up of furlough scheme Some 44 per cent said … Read more