‘The Premier League needs to BAN clubs from buying anyone if they have furloughed staff or cut players’ wages’: Gary Neville says it’s ludicrous for clubs to be pleading poverty and then splashing out on transfer targets Seven Premier League sides have already cut expenditure at their clubs Tottenham, Newcastle, Norwich, Bournemouth and Sheffield United … Read more
The nuclear option, Championship club owners are calling it. In essence, it is evidence of their increasing despair over the impasse around player wages. Owners and chief executives in the second tier of English football have had conversations about a process known as group administration, the last desperate act to avoid ruin, if no common … Read more
Thousands more workers furloughed as firms take up government’s offer to pay 80% of their wages By Matt Oliver For The Daily Mail Published: 21:50 BST, 6 April 2020 | Updated: 22:19 BST, 6 April 2020 Thousands of workers were furloughed yesterday as more companies jumped on the Government’s offer to pay 80 per cent … Read more
Physical health is at the top of all our minds, but coronavirus could have a severe impact on your financial health too. It is crucial that you prepare for the coming months to ensure your finances are as insulated as they can be from the fallout. The good news is that many institutions such as … Read more
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
The Government must cover the wages of workers’ threatened with the loss of their livelihoods due to the coronavirus, furious MPs demanded today. Treasury minister John Glen was blasted by both Labour and Tory backbenchers as he tried to explain help for those facing unemployment as the economy goes into meltdown in the face of … Read more
Treasury Secretary Steven Mnuchin has reportedly warned that the US could see an unemployment rate of 20 per cent Treasury Secretary Steven Mnuchin has reportedly warned that the US could see an unemployment rate of 20 per cent as the coronavirus plunges the economy into a recession. On Tuesday, it was revealed that a global … Read more
Cleaning staff walk out of first NHS hospital to treat a coronavirus patient in London in dispute with contractor over unpaid wages Cleaning staff at a London hospital battling coronavirus are not being paid in full Staff at University Hospital Lewisham walked off the job on Thursday as a result A new private company took … Read more
Rishi Sunak today unveiled a massive £30billion plan to stop coronavirus plunging Britain into Italy-style chaos. Delivering his crucial first Budget, the Chancellor admitted that people were ‘worried’ and the disease will inevitably have a major impact on the economy. But he insisted the government will do ‘everything it can’ to keep the country ‘healthy … Read more