Tag: scheme

Greggs hints at job cuts as furlough scheme ends

Image copyright Getty Images Bakery chain Greggs has hinted at possible job cuts as the government’s furlough scheme ends. The company, which employs 25,000 workers, expects business activity to “remain below normal for the foreseeable future”. It said it had reviewed staff costs and was currently consulting with unions and employee representatives. Greggs said it wanted to reduce the risk… Read more →

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Covid-19: New Jobs Support Scheme ‘will not stop mass redundancies’

Related Topics Job Support Scheme (JSS) image captionTourism plays an important part in Scotland’s economy The new Jobs Support Scheme announced by the chancellor will fail to prevent mass redundancies, the Scottish tourism sector has warned. Rishi Sunak said the government would top up the wages of workers in “viable jobs”, with staff getting up to 77% of their normal… Read more →

Rishi Sunak defends emergency jobs scheme

Media playback is unsupported on your device Media captionChancellor Rishi Sunak: “It’s not for me to… make pronouncements on what job is viable or not” Chancellor Rishi Sunak has said it is “impossible” to predict how many jobs the government’s new wage subsidy scheme will save. The scheme, set to replace furlough, will see the government top up the pay… Read more →

Jobs Support Scheme: Conor Murphy seeks clarity from Treasury

Image caption Conor Murphy said he would seek clarity from the chief secretary to the Treasury Stormont’s finance minister has said he is seeking “clarity” from the Treasury on a new job support scheme that will replace existing furlough arrangements. Conor Murphy welcomed the fact there was now a plan to support workers when furlough ends on 31 October but… Read more →

Covid-19: Sunak set to unveil emergency jobs scheme

Image copyright Getty Images Chancellor Rishi Sunak will later unveil a plan aimed at minimising further unemployment as stricter Covid-19 restrictions come into force. The new measures are expected to replace the furlough scheme, which is set to expire next month. In July, around five million workers were still receiving some or all of their income through the scheme, many… Read more →

Coronavirus: Furlough scheme must be replaced, says CBI

Media playback is unsupported on your device Media captionPub and restaurant owner Cerys Furlong says the industry is expecting more problems The furlough jobs scheme needs to be replaced when it ends to support the hardest-hit businesses, an industry body has said. Tourism, hospitality, leisure and aviation are some of the sectors still looking to recover from the pandemic. CBI… Read more →

Coronavirus: Could UK adopt German pay top-up scheme?

Image copyright EPA Image caption Mercedes and other German carmakers have used government money to subsidise wages Unlike the UK, the Germans didn’t have to invent a job support programme from scratch when the pandemic struck: they already had one oven-ready. While British companies were getting to grips with the novelty of furloughing workers at the government’s expense, their German… Read more →