Tag Archives: Treasury

Chancellor Rachel Reeves has intervened in the motor finance commission case in a bid to protect banks and finance houses from paying out hundreds of millions of pounds in compensation to consumers. The FT reported that the Treasury is seeking permission to intervene in the Supreme Court arguing that the case had the “potential to cause considerable economic harm and ...

Dealers are set to receive £1,000 as a one-off bonus for each furloughed employee they keep in a job until 31 January 2021. Dealers will be given £2,000 for each new apprentice they hire under the age of 25. This is in addition to the existing £1,000 payment the Government already provides for new 16-18-year-old apprentices and those aged under ...

Jaguar Land Rover will have to undergo some financial restructuring if it wants financial assistance from the government.