Chancellor Rishi Sunak stood at the podium last week during his virtual conference speech and paid tribute to George Osborne, Philip Hammond and (presumably for form’s sake) Sajid Javid for their work. His message was clear – it is because of their work that the Government is able to take […]
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Is Rishi Sunak extending furlough? What you need to know
What is the salary cap for receiving 80pc? The grants from the Government will cover 80pc of your monthly salary up to £2,500, this means it includes people earning up to a yearly salary of £30,000. Anyone earning more than this will be covered by the scheme but will receive […]
Rishi Sunak pledges hope for all those who lose job with launch of new scheme
The Treasury has already announced help for workers who are able to go back part time, as well as retraining for the long-term unemployed, but the JETS scheme is aimed at those who have been out of work for 13 weeks or more in England and Wales. The Department for […]
OakNorth CEO Rishi Khosla on COVID-19, UK economy, and Brexit
Some sectors of the economy will never return to pre-COVID levels, the chief executive of Britain’s fastest growing bank has said. “There’s segments where the new normal will have real scarring, and by scarring eventually they won’t return, in our view, to 2019 levels,” Rishi Khosla, the chief executive of […]
Rishi Sunak could hike business rates for ‘most valuable properties’
The Chancellor has asked for industry feedback on whether high end shops, offices and other large premises should pay a new, higher business rate – Reuters Rishi Sunak is considering an increase in business rates for the “most valuable properties”, with fears being raised that the move could hurt firms […]
Rishi Sunak considering sales tax for internet purchases
Getty Images Rishi Sunak is considering plans for a new tax on goods sold online as the government looks for ways to raise income and protect the high street amid the Covid-19 pandemic. A call for evidence on the issue announced last week acknowledged that many retailers are opposed to […]