Thousands of people face being furloughed again as new lockdowns are imposed around the UK. But many say that the furlough pay the government is now handing out – 67% of wages – is too little.
Manchester-based chef Warren Johnson was furloughed in March and was grateful for the government paying 80% of his salary. However, he says, the new level of furlough pay would be too little to live on.
Video and text: Jeremy Howell
Head of economics at the British Chambers of Commerce, Suren Thiru, said: "Unemployment remains on course to peak towards the end of 2021, once the furlough scheme expires and those who stopped job hunting during the pandemic look to return to the workforce as...
He added that the quote an insurer gives you depends on a set of personalised circumstances, including the type of car you drive, where you live, your driving history, your no-claims bonuses, the technology that might be in your car, the age of your car, or even your...
It would basically be a digital version of sterling, backed by the Bank of England, that could change the payments system, the plumbing of the financial system. It would not be a Bitcoin-style speculative asset with wild fluctuations in value. But there will be...
