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Tag: Rishi

Rishi Sunak defends emergency jobs scheme

Rishi Sunak defends emergency jobs scheme

Business
Media playback is unsupported on your device Chancellor Rishi Sunak has said it is "impossible" to predict how many jobs the government's new wage subsidy scheme will save. The scheme, set to replace furlough, will see the government top up the pay of people unable to work full time.It aims to stop mass job cuts after the government introduced new measures to tackle a rise in coronavirus cases.Mr Sunak said he hoped the plan would "benefit large numbers", but he could not say what job is "viable or not".Under the Job Support Scheme, if bosses bring back workers part time, the government will help top up their wages with employers to at least three-quarters of their full-time pay. It will begin on 1 November and last for six months. How will th...
Rishi Sunak: New ways to protect jobs ‘my priority’

Rishi Sunak: New ways to protect jobs ‘my priority’

Business
Media playback is unsupported on your device The chancellor has said looking for new ways to protect jobs is his "number one priority" after the unemployment rate hit its highest level in two years.Rishi Sunak said finding innovative solutions was "top of mind" as figures showed unemployment rose to 4.1% in the three months to July, up from 3.9%. Labour called for the furlough scheme to be replaced when it ends in October, warning joblessness could spike.But the chancellor stressed this would not help people find new opportunities.Mr Sunak acknowledged the furlough wage support scheme had worked, with more than half of the 9.6 million workers furloughed since May returning to work by mid-August.But he told the BBC: "I wouldn't be being honest ...
Bollywood icon Rishi Kapoor dies from leukaemia aged 67

Bollywood icon Rishi Kapoor dies from leukaemia aged 67

World
Bollywood is mourning its second loss in as many days after the death of leading Indian actor Rishi Kapoor at the age of 67.Kapoor, part of one of Bollywood's most famous families, was admitted to hospital in Mumbai on Wednesday and died on Thursday. He had returned to India last September after undergoing treatment for leukaemia in the US for almost a year, and was admitted to hospital twice in February. Image: Kapoor (L) and Amitabh Bachchan promoting a film in 2018 Bollywood star Amitabh Bachchan tweeted: "Rishi Kapoor gone….Just passed away… I am destroyed."Kapoor's father Raj and grandfather Prithviraj were doyens of Bollywood, the vast Hindi-language film industry based in Mumbai.