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UK’s Rishi Sunak bans big companies from handing out dividends

UK’s Rishi Sunak bans big companies from handing out dividends

Rishi Sunak, Britain’s chancellor of the exchequer, has banned big companies from paying pay dividends, bonuses or sack staff if they want to benefit from his latest coronavirus bailout. Sunak unveiled his new scheme to help pay the wages of staff called back for part-time work. Uner Sunak’s new jobs scheme, large firms will now have to go through a test to prove that Covid-19 hit their business.

Timothy
Timothy
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