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October 21, 2020
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Robert Brockman: US tycoon charged over historic tax fraud scheme

BBC
In a statement, the US Justice Department alleged that Mr Brockman, 79, carried out the fraud by using a family charitable trust and several offshore firms based in Bermuda and St. Kitts and Nevis. These were allegedly used to hide income from his investments in private equity funds, managed by......
BBC - Politics

Covid 19: Care home visitor scheme to be piloted in England

BBC
While current guidance in England does allow visits on a “limited basis” where alternative arrangements are not possible, visits have been severely curtailed or prohibited entirely in those areas subject to enhanced restrictions, which now apply across most of the North of England. BBC – For more and to sign......
BBC - Business

Job Support Scheme: What is changing after furlough?

BBC
https://www.bbc.co.uk/news/explainers-52135342 By Eleanor LawrieBBC News Related Topics Job Support Scheme (JSS) image copyrightGetty Images The government will pay up to 67% of the wages of workers at firms told to shut because of coronavirus rules. This will be part of the Job Support Scheme, which replaces furlough at the start......
BBC - Politics

Expansion of Job Support Scheme a ‘safety net’

BBC
The chancellor has announced the government will pay two-thirds of employees’ salaries who are working in UK businesses required to close by law due to coronavirus restrictions. Rishi Sunak called the expansion of the Job Support Scheme a “safety net” that would protect jobs. A Treasury source says it could......
BBC - Business

Greggs hints at job cuts as furlough scheme ends

BBC
https://www.bbc.co.uk/news/business-54336746 Image copyright Getty Images Bakery chain Greggs has hinted at possible job cuts as the government’s furlough scheme ends. The company, which employs 25,000 workers, expects business activity to “remain below normal for the foreseeable future”. It said it had reviewed staff costs and was currently consulting with unions......
BBC - Politics

UK supports global vaccine-sharing scheme

BBC
Prime Minister Boris Johnson has announced the UK will give £500m to a new global vaccine-sharing scheme. The Covax vaccines procurement pool, aims to help poorer countries access a coronavirus jab when one is developed. Addressing the United Nations General Assembly via a pre-recorded video, the prime minister said ‘the......
BBC - Politics

UK pledges £500m to global Covid vaccine scheme

BBC
Image copyright Reuters The UK is to give £500m to a new global vaccine-sharing scheme designed to ensure treatments for Covid-19 are distributed fairly. Prime Minister Boris Johnson will make the announcement in a speech to the United Nations general assembly. He will call on world leaders to overcome their......
BBC - Business

Rishi Sunak defends emergency jobs scheme

BBC
https://www.bbc.co.uk/news/business-54285950 Media playback is unsupported on your device Media captionChancellor Rishi Sunak: “It’s not for me to… make pronouncements on what job is viable or not” Chancellor Rishi Sunak has said it is “impossible” to predict how many jobs the government’s new wage subsidy scheme will save. The scheme, set......
BBC - Politics

New job scheme to help ‘large numbers of people’

BBC
The chancellor said it was “impossible” for him to predict the labour market, but added that the government needed “evolve our support” for jobs. Rishi Sunak said the take up of the furlough scheme was a “surprise to everybody”, and the new Job Support Scheme would help “large numbers of......
BBC - Business

Sunak to unveil emergency jobs scheme

BBC
https://www.bbc.co.uk/news/business-54272938 Image copyright Getty Images Chancellor Rishi Sunak will later unveil a plan aimed at minimising further unemployment as stricter Covid-19 restrictions come into force. The new measures are expected to replace the furlough scheme, which is set to expire next month. In July, around five million workers were still......
BBC - Business

Sunak weighs up new worker pay subsidy scheme

BBC
https://www.bbc.co.uk/news/business-54264689 Image copyright PA Media Chancellor Rishi Sunak is understood to be looking at options to replace the furlough scheme when it expires at the end of October. The possibilities include a salary top-up scheme similar to those already operated by governments in France and Germany. This would involve allowing......

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