Universal Credit boss promises improved payment delivery for new claimants April 15, 2020 A higher proportion of new benefits claimants will receive their payment on time than before the coronavirus outbreak, according to the boss of Universal Credit. In normal times, 87 per cent of new Universal Credit claimants get their first payment on time, which is after five weeks from applying, according to figures from the Department [...]
Lending through UK coronavirus scheme hits £1.1bn after three weeks April 15, 2020 The UK’s coronavirus business loan scheme has picked up after firms complained it was not working, with £1.1bn lent out to 6,020 small and medium-sized companies as of yesterday. Banking body UK Finance today said total lending under the scheme has grown by £700m in the last week after criticism of the programme led the [...]
UK coronavirus lockdown: Labour leader Sir Keir Starmer pushes for exit strategy April 15, 2020 Labour leader Sir Keir Starmer has called for transparency over when UK coronavirus lockdown measures will ease, as the government faces pressure over its care homes strategy. Starmer’s party will back the government’s likely extension of the coronavirus lockdown tomorrow. But he has said “there needs to be transparency” over how long the measures will [...]
Rishi Sunak says there is ‘no trade off’ between economy and public health April 14, 2020 Rishi Sunak has said there is no trade-off between public health and the economy in the wake of new estimates suggesting GDP will drop by 35 per cent this quarter. Speaking at today’s press briefing, the chancellor said the coronavirus lockdown was necessary to protect the long-term future of the economy. This is in contrast [...]
‘Unfair’ Covid-19 business grant scheme means more Scottish firms could go under April 14, 2020 Concerns are growing among Scottish businesses that the SNP government’s failure to match Westminster’s coronavirus economic support will force a string of retail and hospitality chains to go bust. English hospitality, tourism and leisure chains have been offered government grants of up to £25,000 per property, as long as the building’s rateable value is less [...]
Coronavirus: UK economy could shrink by 35 per cent in second quarter April 14, 2020 The UK economy could shrink by 35 per cent in the second quarter of this year and unemployment could hit 10 per cent as coronavirus lockdown measures take a devastating toll, Britain’s budget watchdog has warned. The Office for Budget Responsibility (OBR) said such a slowdown could send the budget deficit to its highest level [...]
Sajid Javid: Right policies can make economy’s coronavirus recovery ‘V-shaped’ April 14, 2020 Former chancellor Sajid Javid has said the UK economy’s recovery from coronavirus can be “V-shaped” if the government follows “free market” policies once the worst of the virus has passed. Javid – who was chancellor for seven months until February – today welcomed his successor Rishi Sunak’s unprecedented interventions into the economy. Sunak has unveiled [...]
Coronavirus: UK ventilator orders still waiting on approval April 14, 2020 No ventilators provisionally ordered by the government through its private sector call to arms have been given regulatory approval. The government has ordered tens of thousands of mechanical ventilators, from companies such as Dyson, to add to the 10,000 already circulating in the NHS used to treat seriously ill coronavirus patients. The orders are subject [...]
Labour chaos: Party launches investigation into leaked report April 13, 2020 Labour will launch an independent investigation into an internal report that has sparked vicious factional infighting. An 860-page dossier that was reportedly compiled to submit to the Equality and Human Rights Commission’s (EHRC) investigation into antisemitism in the party was leaked last night. The report will now not be submitted to the EHRC, but it [...]
Government ‘does not expect’ UK social distancing measures to be eased April 13, 2020 Foreign secretary Dominic Raab has confirmed the government “does not expect” to lift its social distancing measures at this week’s review. Boris Johnson put the UK into effective lockdown last month and said it would be reviewed on a three-weekly basis. Speaking at today’s daily press briefing, Raab said: “This week Sage (the Scientific Advisory [...]