firms react to the furlough extension

Linda J. Dodson

“We had a good three months of trading over summer when everything opened up and we had Eat Out to Help Out, and we even took on 16 new people in July. But we are having to seriously consider laying off large numbers of staff as business has died – […]

City back in shutdown as firms send staff home

Linda J. Dodson

Britain’s biggest banks, law firms and accountants have cancelled plans to bring thousands of workers back to the office following new advice from ministers – dragging the City back into shutdown and sparking fresh fears for the tottering London economy. Some of the Square Mile’s biggest businesses have said that staff […]

Anger as Johnson leaves firms high and dry

Linda J. Dodson

Furious business chiefs stepped up calls for far-reaching taxpayer support on Tuesday after Boris Johnson imposed six months of new restrictions but left companies out on a limb. The demands came as Bank of England Governor Andrew Bailey also called for a “rethink” of the furlough scheme protecting more than 3m […]