Asos has confirmed it plans to repay the Government the money it saved by furloughing around 1,000 staff via the Job Retention Scheme as the pandemic hit. In a trading update, Asos said: ‘As a result of our expectation that we will deliver a better than initially anticipated full-year performance, we are repaying the support … Read more
Chancellor Rishi Sunak ‘will stop firms furloughing more staff from August’ as Government looks to flexible working to get Britain ‘back up and running’ Chancellor Rishi Sunak expected to announces changes to job retention scheme Firms could be banned from furloughing anymore workers at end of July Companies also expected to pay NI contributions and … Read more
Britain’s fifth richest man Sir James Ratcliffe is slammed for furloughing 800 staff at his luxury hotel chain despite £12.2bn fortune Sir James’ hotel chain is using the government’s furlough scheme to pay staff Secured £4million from the Coronavirus Business Interruption Loan Scheme Wealthier hotelier last reported to have had plans to move to tax haven … Read more
A fifth of Britain’s workforce has gone on furlough – at a staggering cost of £8billion. Downing Street yesterday revealed that the Government is now paying the wages of 6.3million workers under the scheme. Employers impacted by the coronavirus are entitled to claim taxpayer money to pay 80 per cent of each staff member’s wages … Read more
Victoria Beckham will not be placing staff on furlough during lockdown (Picture: REUTERS) Victoria Beckham has had a major u-turn over her decision to furlough her staff during the lockdown. The 46-year-old faced major backlash after it emerged that she would be putting 25 members of her fashion label staff on the government scheme, and … Read more
VICTORIA Beckham has unveiled a new £2,200 outfit on her website – despite furloughing her staff just days ago. The 46-year-old faced a public backlash over her decision to use the government scheme to pay her staff, which was set up amid the coronavirus pandemic, that will see the taxpayer paying 80 per cent of … Read more
Victoria Beckham brushes off backlash over furloughing staff and shares throwback family snap on Instagram By Jack Newman For Mailonline Published: 17:29 BST, 26 April 2020 | Updated: 17:29 BST, 26 April 2020 She has faced a strong backlash for her decision to furlough 30 staff at her floundering fashion label. But Victoria Beckham ignored … Read more
Victoria Beckham’s made moves to save her fashion brand during the global health crisis (Picture: Getty, Rex) Victoria Beckham returned to social media this weekend after being criticised for furloughing staff members at her luxury fashion brand. The former Spice Girls star had mostly stayed away from Instagram over the past week while receiving backlash … Read more
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
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