UK economic recovery slows sharply on Covid falloutGross domestic product output stood at 0.1 percent in the month compared with GDP of 1.0 percent in June, the Office for National Statistic...
10 Sep, 2021, 03.10 PM IST
British budget to tackle virus fallout, aid recoveryAhead of the budget statement in parliament, Prime Minister Boris Johnson's Conservative government said it would extend its furlough schem...
03 Mar, 2021, 01.24 PM IST
British FM Rishi Sunak to raise business tax to pay for COVID-19 supportAccording to the report, at least 1 pence is set to be added to the bill for business from this autumn, at a cost to business of 3 billion ...
21 Feb, 2021, 12.47 PM IST
Rishi Sunak extends UK's furlough wage support scheme until March 2021Sunak, who has been leading the UK's economic response to the pandemic, made a statement in Parliament to confirm that the scheme will pay ...
05 Nov, 2020, 09.29 PM IST
JLR brings back 85% furloughed workforce on demand recoverySales in the July-September quarter were 50% more than the previous three months, when most markets around the world were in a lockdown.
15 Oct, 2020, 08.58 PM IST
UK's Rishi Sunak unveils new job support scheme; warns he cannot save every business"The government will directly support the wages of people in work, giving businesses who face depressed demand the option of keeping employ...
24 Sep, 2020, 11.51 PM IST
Frankie and Benny's owner to shut stores, up to 3,000 jobs at risk: SourceThe closures will mostly affect Frankie and Benny's, with no impact on its Wagamama noodle chain, the source said.
04 Jun, 2020, 04.56 PM IST
Infosys among UK firms accessing Rishi Sunak's Covid-19 job saving schemeInfosys, co-founded by Sunak's father-in-law Narayana Murthy, said it had used the furlough - or forced leave - option for 3% of its staff ...
31 May, 2020, 08.01 PM IST
UK's COVID-19 job saving scheme to taper off from August: Rishi SunakThe Indian-origin finance minister on Friday said the furlough, or forced leave, scheme, under which the UK taxpayer covered 80 per cent of...
30 May, 2020, 04.14 PM IST
This man will decide the fate of millions of UK jobs next weekA wrong move can put Boris Johnson's government at risk of facing flak from unemployed voters.
23 May, 2020, 07.21 PM IST
Lockdown pushes French unemployment to 11-year low in first quarterThe jobless rate fell to 7.8% from 8.1% in the fourth quarter, hitting its lowest since late 2008, INSEE's quarterly unemployment survey fo...
14 May, 2020, 12.04 PM IST
Rishi Sunak extends UK's COVID-19 job saving scheme to OctoberUK Chancellor Rishi Sunak had pledged that there would be no "cliff-edge" cut-off of the scheme, which is aimed at preventing an estimated ...
12 May, 2020, 06.34 PM IST
UK, Europe devise furlough schemes, bailouts for coronavirus-hit private sector"This is not a time for ideology and orthodoxy. This is a time to be bold. A time for courage," said Rishi Sunak, the UK's Indian-origin fi...
27 Apr, 2020, 01.27 PM IST
Coronavirus impact: JLR to put about 20k employees in UK on furloughThe Tata Motors spokesperson said the British subsidiary was working towards an orderly return to production as soon as conditions permitte...
23 Apr, 2020, 08.40 AM IST
Rishi Sunak extends UK's COVID-19 job retention scheme to JuneThe Indian-origin finance minister said that the "unprecedented" furlough scheme he had unveiled in March to keep millions of people in job...
17 Apr, 2020, 10.38 PM IST
Nasscom seeks slew of relief measures for IT sectorNasscom urged the government to extend the Sunset Clause by one year in order to ensure that SEZs continue to attract investment and contri...
07 Apr, 2020, 05.19 PM IST
No violation by govt in allowing early release to Sanjay Dutt: High Court"The public or the inmates themselves must not get the impression that the authorities grant favours in allowing parole and furlough," the ...
01 Feb, 2018, 05.54 PM IST