Chancellor Rishi Sunak ‘could REVERSE UK taxes to subsidise wages’

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

Rishi Sunak faces demands to escalate £350bn coronavirus bailout

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

HENRY DEEDES watches Boris Johnson and Rishi Sunak trying to reassure nation on coronavirus outbreak

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

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

Coronavirus UK: Rishi Sunak slammed for not scrapping bills

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

Coronavirus UK: Rishi Sunak unveils £350bn business bailout

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

£20 billion to prop up the high street: Rishi Sunak opens cash taps to help ailing shops and pubs

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

Chancellor Rishi Sunak unveils huge package to combat coronavirus fallout

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

Rishi Sunak unveils massive package to stop UK going bust amid coronavirus

Bailout to stop Britain going bust: Chancellor Rishi Sunak is warned he must pump HUNDREDS OF BILLIONS of pounds into aid for stricken businesses to avoid MILLIONS losing their jobs amid coronavirus crisis Chancellor Rishi Sunak set to unveil package to ease impact of coronavirus The Prime Minister has told Britons to avoid pubs and … Read more

Budget 2020: Rishi Sunak cuts NI contributions for millions

‘A tax cut for 31 million people’: Rishi Sunak increases National Insurance contribution threshold for hard-pressed British workers as he uses his Budget to put more than £100 back in their pockets in a move which could also help stimulate UK economy From April threshold at which NI payments start will rise from £8,632 to … Read more