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Rishi Sunak unveils job retention bonus scheme

Video Credit: PA - Press Association STUDIO - Duration: 01:13s - Published
Rishi Sunak unveils job retention bonus scheme

Rishi Sunak unveils job retention bonus scheme

Chancellor of the Exchequer, Rishi Sunak, said the UK faces “profound economic challenges”, and that the economy contracted by 25% in two months.Mr Sunak has announced a “jobs retention bonus” of £1,000 per employee to encourage bosses to keep on staff.


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Rishi Sunak Rishi Sunak British Conservative politician, Chancellor of the Exchequer

Hospitality sector react to new financial measures [Video]

Hospitality sector react to new financial measures

For many businesses and workers in the struggling hospitality sector, the support announced by Chancellor Rishi Sunak has come too late, but for others, the new scheme could yet be a lifeline. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:34Published
Job Support Scheme: Press conference round-up [Video]

Job Support Scheme: Press conference round-up

Asked how the job support package would be paid for, Rishi Sunak said therewould be “difficult” decisions in the future, during a press conference atDowning Street. Rishi Sunak said the extension of the VAT cut would add around£800 million to the existing £2.5 billion cost of the measure. He confirmedthat the Job Support Scheme would be around £300 million a month for eachmillion employees involved.

Credit: PA - Press Association STUDIO    Duration: 01:55Published
Sunak outlines help for workers and businesses at presser [Video]

Sunak outlines help for workers and businesses at presser

Rishi Sunak has outlined new financial support for workers and businesses at a Downing Street press conference. The chancellor also warned "for at least the next six months the virus and restrictions are going to be a fact of our lives". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:33Published
Sunak: I can't promise that everyone can go back to the job that they used to have [Video]

Sunak: I can't promise that everyone can go back to the job that they used to have

Chancellor Rishi Sunak said he could not promise that “everyone can go back tothe job that they used to have”. At a Downing Street press conference he said:“We obviously can’t sustain the same level of things that we were doing at thebeginning of this crisis, but nor would it be right to do so either, becausethe situation has evolved.

Credit: PA - Press Association STUDIO    Duration: 00:46Published
Chancellor: Impossible to predict how many jobs new support scheme will keep afloat [Video]

Chancellor: Impossible to predict how many jobs new support scheme will keep afloat

Chancellor Rishi Sunak has said it is “impossible” to predict how many rolesthe jobs support scheme will support, while declining to say which roles hethinks have now become unviable.

Credit: PA - Press Association STUDIO    Duration: 01:16Published

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