In his first budget, delivered less than a fortnight before lockdown began, chancellor Rishi Sunak indicated that many organisations would soon be able to reclaim the Statutory Sick Pay (SSP) paid for staff sickness absence caused by the coronavirus.
The measure will enable SMEs with fewer than 250 staff to apply to HMRC to recover the costs of paying coronavirus-related SSP. It is part of a package of support measures for businesses affected by the COVID-19 outbreak, announced by the Government over the past few months. To ease the process, the government has also recently launched a new online service for SME employers to recover SSP payments they have made to employees.
This won’t, of course, ease the burden for every business. Large employers with more than 250 employees, still need to process SSP for employees off sick with coronavirus, shielding or self-isolating. That entails recording the new absence type
The government has given the green light to a night out in a pub or restaurant in England but gym workouts, swimming pools, nightclub dance floors and even manicures are still off limits – prompting accusations of glaring inconsistencies as the lockdown is eased.
The chief executive of PureGym, the UK’s biggest gym chain, said he was “bitterly disappointed” by the delay in opening its 269 gyms and questioned the government’s commitment to tackling obesity. “It is a strange war on obesity that sees pubs and restaurants open before gyms,” said Humphrey Cobbold who highlighted that the company had already safely reopened its gyms in Switzerland and Denmark.
Jane Nickerson, the chief executive of Swim England, called on the government to urgently rethink its decision: “Prove beyond a shadow of a doubt that it’s safer to go into a pub than a pool and I’ll shut up. But if not,
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Eric Platt, U.S. mergers and acquisitions correspondent at the Financial Times, has taken over as U.S. markets editor at the organization.
Platt will be working with U.S. capital markets reporter Joe Rennison, markets reporter covering U.S. rates, FX and Latam Colby Smith and U.S. capital markets correspondent Richard Henderson.
He was also U.S. capital markets correspondent and a founding reporter on fastFT, the FT’s breaking news team, before becoming M&A correspondent.
Previously, Platt was deputy editor, global markets forum at Thomson Reuters. Before that, he held the post of reporter at Business Insider. He has also worked as a freelance reporter and editorial intern at The New York Times.
Platt was also an analyst at Peppers & Rogers Group and served in a freelance editorial capacity at Time Inc.
In addition, he has also interned at Morgan Stanley and Forbes Magazine and was editor-in-chief