What is Rishi Sunak’s Job Support Scheme? New measures for workers and businesses explained

As the government’s furlough scheme draws to a close, Rishi Sunak has today announced a new support package to protect jobs and businesses. The chancellor laid out the new measures in a statement to parliament today. It came after he yesterday scraped plans for an autumn budget yesterday to focus on economic difficulties caused by […]

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Former Bell Pottinger boss James Henderson vows to fight possible boardroom ban

The former chief executive of Bell Pottinger – the PR firm which spectacularly collapsed amid a political scandal in South Africa – has vowed to fight a potential boardroom ban. James Henderson, along former Bell Pottinger executive Victoria Geoghegan and Nick Lambert, will face a director disqualification hearing, court documents show. The proceedings had to […]

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FTSE 100 rallies after disappointment at Rishi Sunak’s Winter Economic Plan

Shares were expected to jump today with the FTSE 100 predicted to open 40 points higher at 6862 after a poor showing yesterday amid some disappointment over Rishi Sunak’s scaling back of support for business. The Chancellor’s well-trailed announcements meant calls for an extension to the furlough scheme fall on deaf ears. Rather than continue […]

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Shaftesbury extends rent support for tenants after government tells people to work from home

West End landlord Shaftesbury is extending rental support to tenants to help them cope with the government’s new lockdown rules that encourage people to work from home. The company, which owns swathes of Chinatown and Carnaby Street, revealed its assistance plan as it updated on trading for April 1 to September 24. During the period […]

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Boohoo directors knew of poor conditions at factories but failed to act fast enough, damning report finds

Top directors at online fashion giant Boohoo knew of the poor treatment of factory workers at its suppliers in Leicester in December last year at the very latest but failed to stem the problems, an independent investigation into poor work practices concluded today. The investigation found there were health and safety issues that meant “unacceptably […]

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