Over £215m returned to government by UK employers

According to HMRC figures,  more than £215, 756, 121 to the government in Furlough scheme payments they did not need or took in error covering 80, 433 employer’s worker’s salaries have returned cash they were given to help cover workers’ salaries. The money returned is a tiny part of the $35.4bn claimed under the scheme…

HSBC moved  scam £62 million

    Britain’s biggest bank HSBC allowed fraudsters to transfer millions of dollars around the world despite learning their scam, leaked secret files reveal.  HSBC moved the money through its US business to HSBC accounts in Hong Kong in 2013 and 2014. Its role in the $80m ( £62m) fraud is detailed in a leak…

Taylor Swift donates £23, 000 to a London student in UK

Vitoria Mario set up an online fundraising page showing how she has lived in the UK for four years after moving from Portugal. She is not eligible for maintenance loans or grants. Singer Taylor Swift has donated £23, 000 to Vitoria who was struggling to raise funds to take up a maths course at the…

UK Government debt hits £2tn amid coronavirus pandemic

The UK government debt at the end of July 2020 was £2, 004 trillion, £ 227.6bn more than at the same point last year according to the Office for National Statistics (ONS), which means the entire value of the country’s economy for the first time in 60 years. The Government owes the equivalent of 100.5…

Government debt stands at £1.98 trillion

  The UK government borrowed £127.9bn between April and June for tackling the coronavirus pandemic, taking the total government debt to £1.98 trillion. The difference between spending and tax income was more than double the £55.4bn borrowed in the whole of the previous year.  The borrowing in June was lower in May at £35.5bn, as…

When we Empower women, we all win

In 1959 contraception was finally made available to unmarried women in the UK, Helen Brook a family planning pioneer said “To think that at last women could be in charge of themselves, decide for themselves. Women were really going to be free.” Six decades later are women really free as pay inequality is entrenched in…

£105m to support rough sleepers

Councils and charities in England have called for help to ensure people did not have to return to the streets when hotels reopen on 4 July, will be given an extra £105m to support rough sleepers put up during lockdown. Thousands of rough sleepers were housed in hotels and B&Bs as coronavirus hit. The government…

Promoting the elite at the expense of the workers

Trade conflicts caused by governments promoting the interest of the elite at the expense of workers. Across the world, the rich have prospered while workers can no longer afford to buy what they produce have lost their jobs, or have been forced into higher levels of debt. The class wars of rising inequality are a…

Rishi Sunak extends the furlough scheme until October

Chancellor Rishi Sunak announced the UK furlough scheme to pay wages of workers on leave because of coronavirus has been extended to October. He further said the government-backed workers and companies going into the lockdown, and would support them coming out and confirmed that employees will continue to receive 80 per cent of their monthly…