Taxpayer backed staggering £68.2bn in emergency loans to keep businesses afloat through pandemic By Daily Mail City & Finance Reporter Published: 21:50 GMT, 1 January 2021 | Updated: 21:50 GMT, 1 January 2021 The taxpayer has backed a staggering £68.2billion in emergency loans to keep businesses afloat through the Covid-19 pandemic. The Treasury’s lifeline loan … Read more
Pall Mall club gets taxpayers’ cash to furlough its staff until March despite £3.5 million in reserves The Oxford and Cambridge Club in Pall Mall used furlough money to pay staff Accused of ‘milking’ the taxpayer by continuing to charge full fees while closed Wealthy members offered set up fund to help pay staff, but … Read more
The soaring cost of Eat Out To Help Out: Rishi Sunak’s discount scheme to help pubs and restaurants cost taxpayers £849million – 70% OVER its £500million estimate – after 49,000 firms claimed for more than 160million meals in August The Treasury estimated that the scheme would cost £500million in total But it overshot the mark … Read more
Tens of millions of pounds of our cash is being ploughed into China’s vast economy every year – on schemes including opera and rice production. In an unprecedented audit, the Mail has uncovered £81million in aid sent to the world’s second largest economy. It exposes how the UK taxpayer is boosting China’s prosperity despite the … Read more
Jewellery designer Michael Saiger set up a PPE business during the covid crisis – and a middleman he used was handed £21million of taxpayers’ cash A Spanish businessman was paid £21million of taxpayers’ cash after he acted as a middleman for a Florida-based jewellery designer who turned to selling PPE to the NHS, court papers … Read more
Is Rishi Sunak propping up failing firms with taxpayers’ cash? The number of businesses going bust falls almost 40 per cent in the third quarter of 2020 compared to this time last year Chancellor has ploughed billions into securing the jobs of millions of workers He has also introduced schemes underwriting loans for thousands of … Read more
Multi-millionaire YouTube star Zoella has splashed out nearly £2m on a trendy ‘New York loft-style’ office – while claiming thousands of pounds of taxpayers’ money to pay her office manager. MailOnline revealed last week that the highly successful vlogger – real name Zoe Sugg – was paying her £25,000-a-year ‘girl Friday’ Holly Macey from the … Read more
A botched green scheme is paying wind turbine owners seven times the value of the electricity they generate – and it is set to cost UK consumers an estimated £1.4billion. The Daily Mail can reveal the eyewatering fiasco in the week Boris Johnson declared that wind power was the future for the nation’s energy generation. … Read more
Multi-millionaire YouTube star Zoella is claiming thousands of pounds of taxpayers’ money to pay her office manager from the government’s furlough scheme, MailOnline has learned. The highly successful vlogger – real name Zoe Sugg – has landed several multi-million pound deals during lockdown, yet placed her £25,000-a-year ‘girl Friday’ Holly Macey on the state bail-out … Read more
Cash for Covid tests? £170million of taxpayers’ money to go on Amazon and other online store vouchers to coax people into coronavirus study 400,000 people will be asked to provide data in exchange for a £50 voucher Some will get opportunity to provide data for a year for £425 in gift cards The ONS did … Read more