Rishi Sunak’s handling of the Covid-19 crisis has seen his personal poll ratings surge ahead of every member of the Government – including Boris Johnson. The findings, in an exclusive poll for today’s Mail on Sunday, come ahead of a major speech by the Chancellor on Wednesday in which he will set out his plan … Read more
When it comes to bailing out firms affected by Covid-19, Rishi Sunak is no pushover. As someone who spent much of his pre-Commons career in private equity, the Chancellor has a good grip on likely survival candidates, and will be keen to make sure all private sector options have been exhausted. There was reluctance in … Read more
Chancellor Rishi Sunak has revealed how the £10bn-a-month furlough scheme will evolve in the coming months, how businesses will have to contribute more and when it will end. He has also announced more help for self-employed workers. We look at what the new ‘flexible furlough’ will mean for workers, businesses – and the taxpayer. Chancellor … Read more
Thatcherite free-market think-tanks have said there should be no return to austerity once Chancellor Rishi Sunak’s spending boost to beat coronavirus is over – as a top economist says slashing public expenditure is ‘not a done deal.’ The Adam Smith Institute, the Centre for Policy Studies, the Institute of Economic Affairs and Policy Exchange, previously … Read more
Grim economic news is something we have had to get used to in the past two months but yesterday was something of a body blow. Chancellor Rishi Sunak’s announcement that he was extending the jobs retention scheme until October is the most ominous of all the amendments and additions to the bailout for the economy … Read more
Ex-Cabinet minister David Davis slams Chancellor Rishi Sunak’s ‘tax raid’ on the self-employed to fund coronavirus bailout Chancellor Rishi Sunak suggests tax hike to pay self-employed coronavirus aid Mr Davis said putting taxes up for self-employed would be ‘final straw’ for many Tory sources say up to 50 Conservative MPs could back rebellion led by … Read more
Rishi Sunak finally unveiled a multi-billion-pound coronavirus bailout for millions of stricken self-employed workers tonight – but left hundreds of thousands just above a ‘cliff edge’ cut-off wondering how they will make ends meet. Ken Price, 50, who works as a roofer across London and the southeast, said he was concerned people were being made … Read more
Rishi Sunak to announce cash bail-out for five million self-employed Britons facing coronavirus ruin – after promise to cover 80% of laid-off workers’ incomes Chancellor Rishi Sunak is preparing the fresh coronavirus economic bailout Follows announcement that Government would cover 80% of employers’ wages Musicians said the outbreak caused ‘complete shutdown of our places of work’ … Read more
Cheers! Rural pub landlords say Chancellor Rishi Sunak’s unprecedented coronavirus handout gives them a chance of survival Rob and Donna Taylor run The Compasses Inn in rural kent Said Mr Sunak’s stimulus package could prove ‘massive’ for small businesses Mr Taylor, 38, said he was ‘shellshocked’ when Mr Johnson ordered closures Coronavirus symptoms: what are they … Read more
Chancellor Rishi Sunak’s employment support package will cost the taxpayer billions of pounds a month, the Institute for Fiscal Studies (IFS) said tonight. IFS director Paul Johnson said the final cost to the Exchequer of paying up to 80% of the wages of workers whose jobs were under threat from the coronavirus outbreak was ‘unknowable’. … Read more