Tag: extended

Emergency measures to help train firms survive extended

Image copyright Getty Images The government has agreed new emergency deals with train companies. Under the arrangement, taxpayers will continue to cover any losses on the railways, caused by low passenger numbers, for another 18 months. Throughout that period ministers hope to carry out broader reforms to Britain’s railways. They will consider adopting a concessions-based system in the longer term,… Read more →

Furlough ‘must be extended’ to avoid mass unemployment, say MPs

Image copyright Getty Images The UK government should consider a targeted extension of its furlough scheme, MPs have said. The coronavirus crisis risks mass long-term unemployment and viable firms could go under without support, the Treasury Select Committee has warned. However, a blanket retention of the scheme would not be good value for money, it added. The Treasury said it… Read more →

Coronavirus: Ban on landlords evicting renters extended

Image copyright Getty Images Housing Secretary Robert Jenrick has announced a two-month extension to the government’s ban on evicting renters amid the Covid-19 pandemic. New evictions in England and Wales of tenants in both social and privately-rented accommodation will be suspended until 23 August. “No-one will be evicted from their home this summer due to coronavirus,” Mr Jenrick tweeted. But… Read more →

Mortgage payment holiday extended for further three months

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. Homeowners struggling financially due to coronavirus will be able to extend their mortgage payment holiday for a further three months, or cut payments. Mortgage holidays started in March, allowing people to defer payments without… Read more →

UK furlough scheme extended by four months

Media playback is unsupported on your device Media captionThe job retention scheme to help employers and employees will run for a further four months. The UK scheme to pay wages of workers on leave because of coronavirus will be extended to October, Chancellor Rishi Sunak said. Mr Sunak confirmed that employees will continue to receive 80% of their monthly wages… Read more →