Tag: extend

Extend furlough scheme ‘or risk second wave of job cuts’

Image copyright Getty Images The UK risks a second wave of job cuts and a slower economic recovery if it does not extend its furlough scheme, leading business groups have warned. Manufacturing body Make UK said the job retention scheme should last beyond October for hard-hit sectors that are already slashing posts. The CBI meanwhile said a replacement was needed… Read more →

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Coronavirus: Some restaurants extend Eat Out to September

Image copyright Grosvenor Image caption A Pizza Pilgrims restaurant in Belgravia Some UK restaurants say they will continue the Eat Out to Help Out scheme into September with their own cash because it has been so successful. Latest HM Treasury data shows diners used the government scheme more than 64 million times in its first three weeks. Commercial landlord Grosvenor… Read more →

Coronavirus: ‘Extend furlough scheme to save Welsh tourism companies’

Image copyright Bike Park Wales Image caption The pandemic has been catastrophic for Bike Park Wales, its director says The furlough scheme must be extended beyond October to stop adventure tourism businesses “disappearing off the map” in Wales, a Conservative MP has said. Former Welsh Secretary Stephen Crabb called for the UK government to provide “extra support” for the sector.… Read more →

Coronavirus: Chancellor ‘could extend mortgage holiday’

Image copyright Getty Images Image caption More than a million and a half people took up the opportunity to delay their mortgage payments under the scheme. The Chancellor, Rishi Sunak, is believed to be discussing ways of extending three month mortgage holidays with regulators and banks. The Financial Times reports the government hopes to prolong the scheme for borrowers struggling… Read more →