Tag: months

NI unemployment more than doubles in two months

Image copyright Liam McBurney/PA Unemployment in Northern Ireland has more than doubled in two months, official figures suggest. They show that claimant count unemployment increased from 29,700 in March to to 65,200 in May. Claimant count includes Jobseeker’s Allowance claimants and those people on Universal Credit who were claiming principally for the reason of being unemployed. The figures are from… 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 →

Economic crisis is going to last for 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. Furlough extension continues the habit of going beyond expectations, and at vast expense. It’ is explicit recognition that this crisis is reaching well into autumn, at least. Business lending remains sluggish, and is not being linked… 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 →