Coronavirus wage subsidies costing UK Treasury £22bn

·

·

Coronavirus wage subsidies costing UK Treasury £22bn

A third of the British workforce is receiving wage subsidies at a cost of almost £22bn to the Treasury, according to the latest government figures. HMRC said that 1m employers had claimed £15bn for 8.4 million furloughed employees under the coronavirus …
See Original Article

UPDATE 1-British retailer John Lewis might not reopen some stores

(Adds detail). LONDON, May 27 (Reuters) – British department store chain John Lewis will emerge gradually from the coronavirus lockdown but may not reopen all its 50 stores, the group said on Wednesday. The John Lewis Partnership, which also owns the …
See Original Article

The Match & Mismatch Of Amazon Buying Self-Driving Unicorn Zoox, As Is Rumored.

Reports surfaced, first in the Wall Street Journal of Amazon AMZN being in negotiations to buy Zoox, the self-driving unicorn. While it’s known that Amazon has self-driving and delivery robot ambitions, and of course immense piles of capital, it’s an unusual …
See Original Article

EDF asked to delay Sizewell C final plans consultation

Energy giant EDF is being asked to delay the formal consultation on its plans for a new £14billion nuclear power plant on the Suffolk coast until after the Covid-19 lockdown restrictions are lifted. Share article from East Anglian Daily Times on facebook.
See Original Article

2021 BMW 530e plug-in hybrid: Quicker, but will it go more electric miles?

For 2021, the plug-in hybrid version of the BMW 5-Series sport sedan, the 530e, might no longer be the slowest-accelerating model in the U.S. 5-Series lineup. That might sound petty, but it’s an important step forward to prove the worth of a format the …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.