Chancellor Rishi Sunak could underwrite around £17,000 of every worker’s salary in huge new coronavirus bailout today. The massive rescue package is set to be unveiled by Mr Sunak and Boris Johnson after furious complaints that they were not doing enough for ordinary people. There have been warnings that GDP could be slashed by a … Read more
Workers in Britain could receive an emergency weekly wage subsidy in what would be the biggest state economic intervention since the Second World War. Chancellor Rishi Sunak is expected to unveil a huge package of wage subsidies today to help save stricken companies and employees amid the coronavirus crisis. Two of the measures being considered … Read more
Workers in Britain could receive an emergency weekly wage subsidy in what would be the biggest state economic intervention since the Second World War. Chancellor Rishi Sunak is expected to unveil a huge package of wage subsidies today to help save stricken companies and employees amid the coronavirus crisis. Two of the measures being considered … Read more
What is the coronavirus? A coronavirus is a type of virus which can cause illness in animals and people. Viruses break into cells inside their host and use them to reproduce itself and disrupt the body’s normal functions. Coronaviruses are named after the Latin word ‘corona’, which means crown, because they are encased by a … Read more
We were promised a bazooka. What we got, instead, was a volley of howitzers, mortars and rocket-propelled grenades. Chancellor Rishi Sunak was summoned to the front-line in the Government’s assault against the coronavirus yesterday. His orders: to deploy every weapon in the Treasury’s arsenal to keep Britain’s economy above the water line. Generous cash grants, … Read more
Chancellor Rishi Sunak is setting up support package for airlines as they struggle to survive slump in passenger numbers caused by coronavirus crisis Chancellor says special measures will help aviation industry cope with fallout Grant Shapps says good firms ‘shouldn’t be going bust’ as a result of coronavirus Responses include ‘on occasions organisations being run … Read more
Rishi Sunak comes under fire for not scrapping council tax or utility bills as part of government’s £350billion coronavirus bailout Axing both payments were mooted ahead of today’s Number 10 press briefing Richard Burgon said Mr Sunak did ‘nothing for those who’ll struggle to pay bills’ Anxious Britons fearing the virus will pound their wallets … Read more
What is the coronavirus? A coronavirus is a type of virus which can cause illness in animals and people. Viruses break into cells inside their host and use them to reproduce itself and disrupt the body’s normal functions. Coronaviruses are named after the Latin word ‘corona’, which means crown, because they are encased by a … Read more
High Street stops and pubs were handed a £20billion ‘lifeline’ by the Chancellor today as he vowed to help small businesses fight off the ravages of coronavirus. As businesses reeled from the effect of consumers being told to stay at home and avoid social contact he unveiled a package of measures to keep businesses afloat … Read more
What is the coronavirus? A coronavirus is a type of virus which can cause illness in animals and people. Viruses break into cells inside their host and use them to reproduce itself and disrupt the body’s normal functions. Coronaviruses are named after the Latin word ‘corona’, which means crown, because they are encased by a … Read more