Tottenham have reversed their decision to furlough non-playing staff after players expressed their fury at the club’s controversial call. Spurs have joined Liverpool in backtracking on their original plan to use tax payers’ cash via the Coronavirus Job Retention Scheme, which entitles businesses to claim from the British government 80 per cent of an employee’s … Read more
Bailed-out TUI’s bosses refuse to accept a pay cut despite furloughing 11,000 UK staff TUI received a £1.6billion bailout from the German government It claims its executive board is ‘also making its financial contribution in the crisis’ It also said it was unlikely there would be any bonuses this year for executives By Jamie Nimmo … Read more
Companies abusing furlough subsidies face criminal penalties: HMRC chief urges furloughed staff to report firms still asking them to work as cost of scheme TRIPLES to £40bn over three months Coronavirus job retention scheme sees government pay furloughed staff wages But furloughed employees not allowed to carry on working for their company HMRC chief executive … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more