No furlough at Funding Circle: Online lender vows not to take taxpayer cash to cover wages By Daily Mail City & Finance Reporter Published: 22:16 BST, 8 July 2020 | Updated: 22:16 BST, 8 July 2020 Furlough pledge: Funding Circle has vowed not to take any taxpayer cash to cover the wages of its employees Online lender … Read more
Hand back furlough billions, firms are urged as builder Redrow becomes the latest to pledge to return the money By Matt Oliver For The Daily Mail Published: 22:26 BST, 30 June 2020 | Updated: 22:26 BST, 30 June 2020 Big companies are facing pressure to hand back taxpayer cash used to furlough their staff after … Read more
Minneapolis city council members spend $63,000 of taxpayer money on private security details after receiving death threats from ‘white nationalists’ for voting to abolish the police department A city spokesperson said the private security details were ordered for council members Andrea Jenkins, Phillipe Cunningham and Alondra Cano The security has come at the taxpayer’s expense, … Read more
A peer was last night accused of ‘milking the taxpayer’ by furloughing himself while claiming the daily House of Lords allowance during lockdown. Lord Fox, 62, has used the Government’s job retention scheme to pay himself as the owner of a strategic communications company. But the Liberal Democrat frontbench spokesman for business has also chosen … Read more
Housebuilders spark row over taxpayer cash as they rush to furlough staff – despite making billions off Government’s Help to Buy scheme By Matt Oliver For The Daily Mail Published: 21:50 BST, 13 April 2020 | Updated: 21:50 BST, 13 April 2020 Britain’s biggest housing companies have furloughed more than 9,000 workers using taxpayer cash … Read more
Bosses at travel giant Tui under pressure to cut salaries after asking UK taxpayer to pay 11,000 of its staff By Tom Witherow For The Daily Mail Published: 21:55 BST, 12 April 2020 | Updated: 21:55 BST, 12 April 2020 Bosses at travel giant Tui were under pressure last night to cut their salaries and … Read more
Fashion bosses slash salaries after asking taxpayer to pay staff amidst devastating drops in sales By Tom Witherow For The Daily Mail Published: 21:57 BST, 3 April 2020 | Updated: 21:57 BST, 3 April 2020 Hit hard: Topshop has recently turned to supermodel Lottie Moss to front its fashion campaigns Fashion bosses slashed their salaries … Read more
Sir Philip Green provoked outrage today as he demanded emergency taxpayer help to pay the wages of 14,500 workers he has furloughed during the coronavirus lockdown. Furious Twitter users suggested the disgraced businessman should sell one of his three yachts, which include the £122million Lionheart, or use some of his estimated £1.8billion fortune rather than … 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