Rishi Sunak has warned that the Government must ‘exercise restraint’ in future pay rises for public servants just after announcing an inflation-busting rise for 900,000 workers. The Chancellor announced a Comprehensive Spending Review (CSR) to be unveiled in the autumn that will set departmental budgets for the years to come. Departments have been told that … Read more
Chancellor announces inflation-busting pay rise for almost a million public sector workers on Covid front line but care workers will miss out Doctors, police officers and teachers are among those to receive increases Teachers and doctors see the largest boost – 3.1% and 2.8% respectively Rishi Sunak said: ‘These past months have underlined what we … Read more
A resurgence in Britain’s small-cap biotech sector has been one of the few good things to come out of the coronavirus pandemic. As governments have hunted for vaccines, diagnostic tools and treatments, the speed and flexibility of the UK’s smaller biotech constituents has been increasingly recognised, funding for companies become more easily available and the … Read more
Up to one in six UK motor industry workers face being made redundant in the wake of the coronavirus pandemic, car makers have warned as they’ve called on the government to provide taxpayer help to keep their businesses afloat and staff in employment. The sector cull is on top off the 6,000 jobs already axed … Read more
Britain’s public finances are in a mess. The debt is greater than the size of the economy after the Government borrowed a record amount in May to save the country from collapse. The latest Office for National Statistics figures show the UK borrowed around £55.2billion in May, about nine times more than the same month … Read more
Every sector of UK economy is hit by coronavirus: But experts say worst is now past By Matt Oliver For The Daily Mail Published: 22:02 BST, 12 June 2020 | Updated: 22:02 BST, 12 June 2020 Pubs, theatres, housebuilders and car makers were among the worst hit after the coronavirus lockdown delivered an ‘unprecedented’ blow … Read more
Pub groups were on the rise as investors cheered moves to reopen the hospitality sector. Ministers are said to be looking at whether pubs, restaurants and cafes could be back in action by June 22, rather than July 4, in a bid to ‘save the summer’. A reduction to Britain’s two-metre social distancing rule to … Read more
Skyfall director Sir Sam Mendes calls on the Government to help the ‘mortally wounded’ arts sector throughout coronavirus lockdown By Isabella Nikolic For Mailonline Published: 18:37 BST, 5 June 2020 | Updated: 18:43 BST, 5 June 2020 Director Sir Sam Mendes has called on the Government to help the ‘mortally wounded’ arts sector throughout coronavirus … Read more
Scottish government is encouraging taxpayer-funded bodies in Scotland to take advantage of a ‘loophole’ in Treasury rules to furlough public sector workers Hundreds working for arts organisations taken out of work on programme SNP administration encouraged ‘cultural organisations’ to bid for cash In rules for those whose ‘public funding only forms part of their income … Read more
Hundreds of NHS staff beg the Government not to freeze public sector wages to help pay for coronavirus crisis NHS workers beg Chancellor Rishi Sunak to rule out public sector freeze pay It comes after a leaked Treasury report a two-pay halt on public wage rises The report warned of a £337bn Budget deficit following … Read more