Saturday, October 23News That Matters
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UK has 819,000 fewer paid employees since coronavirus crisis began

UK has 819,000 fewer paid employees since coronavirus crisis began

Business
The latest job statistics show 819,000 fewer people in payrolled employment since the start of the coronavirus crisis in the UK - with the hospitality sector accounting for a third of the figure.The Office for National Statistics (ONS) said the estimated total, using PAYE (pay as you earn) data from HM Revenue and Customs, covered November as England entered its second national lockdown amid tougher COVID-19 restrictions UK-wide. Live updates on coronavirus from UK and around world Its wider figures also showed a rise in the jobless rate to 4.9% in October from 4.8% the previous month - less than the 5.1% economists had expected - as the clock ticked down to the original conclusion of the government's furlough scheme.The Job Retention Scheme was extended at the en...
Donald Trump paid no income tax in 10 of last 15 years, NY Times claims

Donald Trump paid no income tax in 10 of last 15 years, NY Times claims

World
Donald Trump has paid no income taxes in 10 of the last 15 years , according to a report in the New York Times.Citing tax-return data, the newspaper also claimed the US president paid just $ 750 (£590) in federal income taxes in 2016, the year he was elected, and the same figure again in his first year in office. The claims come just weeks before a divisive election, with early voting already under way.When asked about the report in his daily briefing, Mr Trump said: "It's totally fake news, made up, fake."Actually I paid tax." Advertisement ...
Reckful: Tributes paid after gaming star’s death

Reckful: Tributes paid after gaming star’s death

Technology
Tributes have been paid to video games streamer Byron Bernstein, known as Reckful, who died on Thursday.Mr Bernstein was a well-known and loved e-sports player and had 960,000 followers on streaming site Twitch.His brother Gary Bernstein confirmed that Reckful had taken his own life, aged 31.Twitch said Reckful was a "streaming pioneer" and that it was "devastated" to hear of his death.Mr Bernstein had built his following in part by playing World Of Warcraft. When his death was reported on Thursday evening, fans held virtual memorials inside the game.Before his death, he had been working to create his own video game, called Everland.In January, he shared a video on YouTube in which he talked about his own struggle with depression and said he had lost one ...
Coronavirus: More newly-hired staff will get paid

Coronavirus: More newly-hired staff will get paid

Business
More than 200,000 more employees could now be furloughed following changes to the government scheme to help pay people's wages.The Coronavirus Job Retention Scheme, which covers 80% of workers' pay, will take applications from Monday from companies which have laid off workers. Initially, it only supported those already employed on February 28. The cut-off date is now to 19 March.However, many recently employed workers will still miss out.Workers need to have been on the payroll by 19 March - the day before the scheme was first announced. This will not cover people who were not put on the PAYE system until later in the month. Employers would need to have notified HM Revenue and Customs that a new employee was on the payroll. This is done through the Real ...
Self-employed to get 80% of monthly profits paid by govt – up to £2,500 a month

Self-employed to get 80% of monthly profits paid by govt – up to £2,500 a month

Business
The chancellor has announced that self-employed people will be able to claim grants worth 80% of their average monthly profits - up to £2,500 a month.Rishi Sunak said the support for those affected by coronavirus would be in place for at least three months and amounted to "one of the most generous packages in the world". The chancellor said it would deliver parity with his previously announced support for employed workers, and was "an unprecedented level of support" for cleaners, plumbers, electricians, musicians, hairdressers and others. ...