Sunak U-turns on furlough – 3 million workers still excluded; Bank of England’s (extra) £150bn to bolster UK economy

Chancellor Rishi Sunak unveiled his fourth winter economic plan in six weeks by announcing the extension of the furlough scheme until March. It means the government will pay 80% of workers’ wages with companies paying national insurance and pension contributions. Support for self-employed had also been extended and the amount increased from previous Treasury statements. […]

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Brexit trade deal

Brexit trade deal ‘likely’ within two weeks Irish government says

As the UK government continues to urge businesses to prepare for a no-deal outcome, Irish Minister for Foreign Affairs, Simon Coveney, told reporters that a Brexit trade deal is ‘likely’ after all. After missing Boris Johnson’s mid-October deadline and the ensuing stand-off, Britain and the EU put their differences aside once more and recommenced negotiations.  […]

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PM’s Brexit ‘climbdown’ is not enough says EU, as Biden warns UK on Good Friday Agreement

Boris Johnson’s Brexit bill “climbdown” with MPs over his contentious internal markets bill is not enough for Europe or senior members of his party. EU trade commissioner Valdis Dombrovskis said the UK government must “correct” its position before talks on economic and political relations can continue, while the European Commission (EC) said their ultimatum for […]

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