Rishi Sunak hints tax rises will be DELAYED amid layoffs by firms

Rishi Sunak hinted that tax rises could be delayed to save jobs today as it emerged firms have already made plans to lay off 500,000 people during the coronavirus crisis.  After using his Tory conference speech to warn hikes will be needed, the Chancellor insisted his ‘focus at the moment’ was on propping up the … Read more

Hospitality businesses in last ditch plea as layoffs begin

Hospitality businesses in last ditch plea as brutal layoffs begin: Chancellor’s jobs scheme ‘no use to hospitality’ By Harriet Dennys, Financial Mail On Sunday Published: 21:51 BST, 26 September 2020 | Updated: 21:51 BST, 26 September 2020 Hospitality businesses will start making thousands of job cuts from tomorrow, The Mail on Sunday can reveal.  Pub … Read more

Quibi staff ‘angered Reese Witherspoon paid $6m amid layoffs’

Reese Witherspoon’s ‘$6M payday for narrating Quibi show angers staffers’ following layoffs at the struggling streaming platform By Caitlyn Becker For Dailymail.com Published: 17:40 BST, 3 June 2020 | Updated: 18:15 BST, 3 June 2020 Reese Witherspoon reportedly took home a multi-million dollar payday for lending her voice to narrate a Quibi series. Staffers at … Read more

Chancellor Rishi Sunak steps in to stop mass coronavirus layoffs

Chancellor Rishi Sunak told Britons they will not face the coronavirus crisis ‘alone’ tonight as he unveiled a huge new coronavirus bailout. He said the government will cover 80 per cent of salaries up to £2,500 a month, with workers staying on the books of employers, and there will be no limit on the total … Read more