David Dimbleby throws hat in the ring for BBC chairman October 9, 2020 Media veteran David Dimbleby has announced he is considering a bid for BBC chairman, claiming he was “horrified” by reports that former Telegraph editor Lord Charles Moore was the Prime Minister’s top pick for the job. The TV presenter, best known for hosting political debate show Question Time, told the BBC speculation that Moore was [...]
Business bodies urge chancellor to ‘go further’ with new furlough scheme October 9, 2020 Businesses in the hospitality sector have said Rishi Sunak’s support package “must go further” to avoid wide-scale job losses, after the chancellor today unveiled a new furlough scheme for businesses facing local lockdowns. Sunak today said the government will pay two thirds of employees’ salaries to businesses forced to shutter under fresh lockdown measures. Firms [...]
Rishi Sunak extends furlough scheme for businesses facing lockdown October 9, 2020 Chancellor Rishi Sunak has extended the furlough scheme for six months for businesses across the UK required to close under local lockdowns, as further restrictions loom ahead for parts of England. Sunak today said the government will pay two thirds of employees’ salaries to businesses forced to shutter under fresh lockdown measures. Firms whose premises [...]
Peacocks and Jaeger owner files for administration, putting 24,000 jobs at risk October 9, 2020 Around 24,000 jobs are on the line as Edinburgh Woollen Mill (EMW) group, the owner of retailers Peacocks and Jaeger, has filed a notice to appoint administrators. Bosses wrote to employees this morning warning them that lockdowns across the country had battered sales, forcing the company to review the future of its business. Steve Simpson, [...]
Rishi Sunak set to announce furlough extension in local lockdown areas October 9, 2020 Chancellor Rishi Sunak is set to announce a limited extension to the furlough scheme today as the government faces mounting criticism over fresh local lockdown restrictions across the country. Sunak will outline new support for people and businesses in England facing strict new measures set to come into force next week, including the closure of [...]
Dominic Chappell evaded tax after buying BHS for £1, court told October 9, 2020 Businessman Dominic Chappell “dishonestly chose” to evade tax on the £2.2m income he received from buying failing retailer BHS for £1, a court heard yesterday. Chappell, who led BHS when it collapsed in 2016, is on trial at Southwark Crown Court on three charges of cheating public revenue relating to him and his bankrupt firm [...]
Coronavirus: Greek islands added to England’s travel corridor and no countries relegated to quarantine list October 8, 2020 Greek islands added to England's travel corridor and no countries are added to quarantine list
National Trust to axe 1,300 staff amid plans to save £100m October 8, 2020 The National Trust has announced plans to axe 1,300 jobs, as the charity seeks to shore up £100m in annual costs through spending cuts as a result of the pandemic. The company said it will make 514 compulsory redundancies following consultation, with a further 782 employees set to take voluntary redundancy. The job losses represent [...]
Reviews website Trustpilot mulls £800m London float October 8, 2020 Business review platform Trustpilot is muling plans involving a London flotation that could take place as early as next year. The Copenhagen-based firm is understood this week to have held talks with a number of investment banks about plans for a debut on the London Stock Exchange, Sky News first reported. A spokesperson for Trustpilot [...]
Majority of UK businesses to scrap working from home post-pandemic October 8, 2020 More than two-thirds of UK businesses plan to scrap working from home beyond the pandemic, the latest official figures showed, as the number of commuters continues to escalate despite government orders. Figures released today by the Office for National Statistics (ONS) showed that 67 per cent of more than 24,500 British businesses surveyed said they [...]
