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Articles tagged with: coronavirus job retention scheme

17 Jul 2020 Economy

Labour calls for public spending watchdog probe into Rishi Sunak's job retention bonus scheme

Labour has called for a probe by the public spending watchdog into Rishi Sunak's job retention bonus scheme.

14 Jul 2020 Coronavirus

Cost of tackling coronavirus pandemic jumps to £192bn as UK heads for worst economic crash in 300 years

The UK’s budget watchdog has drastically revised its estimate of the cost of the coronavirus crisis as it predicts the biggest drop in GDP in 300 years.

08 Jul 2020 Coronavirus

Rishi Sunak unveils ‘jobs retention bonus’ to reward employers with £1k per staff member brought back from furlough

The Chancellor has unveiled a new "jobs retention bonus" to incentivise employers to bring back staff from furlough.

08 Jul 2020 Coronavirus

Labour says it is ‘not calling for tax rises’ to pay for coronavirus recovery spending after hint at wealth levy

Labour has said it does not want the Government to raise taxes to pay for the ballooning costs of fighting the coronavirus pandemic.

08 Jul 2020 Coronavirus

We need investment of no less than £80bn to protect jobs now and for the future

The SNP has a five-point plan to kickstart the economy, protect jobs and incomes, and build a fairer society.

08 Jul 2020 Coronavirus

Rishi Sunak’s coronavirus economic update: what to look out for, what’s missing — and what it all means

After prime minister’s questions today, Rishi Sunak will rise to deliver an “economic update” to the Commons, following four months of lockdown and unprecedented Government spending to try and manage the Covid-19 crisis. Georgina Bailey sets the scene — and asks what the Chancellor might have up his sleeve

07 Jul 2020 Coronavirus

Government to pay young people’s wages for six months as Rishi Sunak unveils coronavirus ‘Plan for Jobs’

The state will subsidise the creation of tens of thousands of jobs for young people hit by the coronavirus crisis under a three-point “Plan for Jobs” unveiled by Rishi Sunak on Wednesday.

07 Jul 2020 Coronavirus

Explained: Can Oliver Dowden save the UK theatre industry from coronavirus?

The arts and culture sector has welcomed an unexpected £1.57bn cash boost from the Government. However, with a complex employment and regional picture, will the money go far enough for UK theatres and those who work in them?

06 Jul 2020 Coronavirus

We cannot afford a generation of mass unemployment, that’s why we need a back-to-work budget focused on 'jobs, jobs, jobs'

The UK does not need hyperbole from the Government, it needs a plan that understands investment in people matters as much as bricks and mortar.

03 Jul 2020 Coronavirus

Extend furlough scheme for people in local lockdown, Labour’s Anneliese Dodds demands

Shadow Chancellor Anneliese Dodds is urging Rishi Sunak to keep the coronavirus furlough scheme going beyond October if people are caught up in a local lockdown.

03 Jul 2020 Coronavirus

Coronavirus: Rishi Sunak urged to fund £3bn package to help millions at risk of losing jobs make career change

A package of more than £3billion is needed to help ten million workers make a career change and move out of roles affected by social distancing, according to a group of labour market experts.

02 Jul 2020 Coronavirus

Boris Johnson says extending coronavirus furlough would leave people in ‘suspended animation’

Extending the Government’s furlough scheme beyond October would keep people in “suspended animation”, Boris Johnson has said.

29 Jun 2020 Coronavirus

Coronavirus: Ministers urged to stave off ‘second wave’ of unemployment with major job creation plan

The Government must take drastic action to stave off a “second wave” of coronavirus-related job losses, a major think tank is warning.

15 Jun 2020 Coronavirus

Millions ‘falling through the gaps’ of coronavirus support, MPs warn

Over a million people are facing financial hardship amid the coronavirus pandemic because of “critical gaps” in government support, MPs have warned.

03 Jun 2020 Coronavirus

Boris Johnson admits huge job losses ‘inevitable’ from coronavirus but guarantees apprenticeships for young people after the crisis

Boris Johnson admitted despite the Government’s actions “there will be many, many job losses” due to coronavirus as he promised to do everything possible so the UK can “bounce back”.

29 May 2020 Coronavirus

Coronavirus: Rishi Sunak vows fresh help for self-employed as firms take on more furlough costs

Rishi Sunak has confirmed the self-employed will get a fresh round of state support to help them weather the coronavirus crisis, while firms with staff on furlough will be asked to start footing more of the bill.

29 May 2020 Coronavirus

IPSE letter to Chancellor: “Now is not the time to withdraw support from the self-employed”

IPSE (the Association of Independent Professionals and the Self-Employed) has written a letter to the Chancellor, Rishi Sunak, urging him to extend the Self-Employment Income Support Scheme while the self-employed need it. It has also called on the Chancellor to look again at ways to support limited companies and the newly self-employed. The letter was co-signed by the Creative Industries Federation, BECTU and Equity.

29 May 2020 Coronavirus

Coronavirus furlough scheme: Rishi Sunak ‘to ask employers to start paying a fifth of wages’

Firms will be asked to pay a 20% of the wages of employees on the Government’s furlough scheme, Chancellor Rishi Sunak is expected to announce.

26 May 2020 Coronavirus

GGF calls for greater flexibility of job retention scheme

The Glass and Glazing Federation (GGF) has written to the Chancellor of the Exchequer asking that the Job Retention Scheme be made more flexible to help companies who may only require furloughed workers to return on a part-time basis.

19 May 2020 Coronavirus

Coronavirus: Rishi Sunak warns UK faces ‘severe recession the likes of which we haven’t seen’

The Chancellor has warned the economy may not experience an "immediate bounce back” after lockdown is removed as the UK faces a “severe recession the likes of which we haven't seen”.

19 May 2020 Coronavirus

Coronavirus: UK unemployment claims rise by 69% in a month, new figures show

The number of people claiming unemployment benefits in the UK soared by 69% last month, new figures covering the first full month of the coronavirus lockdown show.

16 May 2020 Coronavirus

Coronavirus: Low-paid workers hit hardest by crisis as a third are let go or furloughed, report shows

New figures show that lower-paid workers have been hit hardest by the coronavirus crisis as almost a third say they’ve already lost work or been furloughed.

12 May 2020 Coronavirus

Rishi Sunak says it ‘breaks his heart’ to see job losses and businesses shutting due to coronavirus

Chancellor Rishi Sunak has said it “breaks my heart” to see jobs being lost and businesses shutting due to the economic impact of the coronavirus lockdown.

12 May 2020 Coronavirus

Analysis: The questions still unanswered as Rishi Sunak extends the multi-billion pound coronavirus furlough scheme

As the Chancellor announces a fresh extension to the Coronavirus Job Retention Scheme, The House’s policy editor Georgina Bailey digs into the detail - and gauges the mood among MPs