Chancellor Rishi Sunak's Proposed £1,000 Bribe To Accept a Universal Credit Cut

Chancellor Rishi Sunak wants to give claimants of the universal credit welfare benefit a £1,000 one-off sum in exchange for removing the temporary £20 per-week uplift introduced during the pandemic — doubling his previous offer of £500, 

The argument is that the cash could trigger a spending spree to help boost the economy when in reality people need the money for food and heating. 

In the US stimulus checks of some $1,400 are being looked at by the Biden administration. With some ten million people have lost their jobs this solution might seem attractive. Third stimulus check payments worth $1,400 could be sent out soon, as a follow-up to the $600 checks that reached millions of Americans beginning in late December. The relief money is expected to be part of a $1.9 trillion stimulus bill supported by President Joe Biden's administration.

While the $900 billion second stimulus check relief package, was signed into law by outgoing President Donald Trump just after Christmas, included immediate help in the form of extended unemployment benefits, small business loans, PPE distribution and virus-testing funds, it's still unclear what additional aid the third stimulus check will be packaged with.

So what's the third stimulus check update? As it stands, the proposed third stimulus check amount is $1,400, which, when coupled with the existing $600 check, would get $2,000 to all eligible Americans.

The third stimulus-check eligibility guidelines will likely be a bit more generous than they were for the first and second checks. 

More on the UK. 

In the UK government sources have argued that one argument for hiking corporation tax to help pay for the pandemic is that lowering the rate to 19 per cent since 2010 might not have brought in the business investment that was hoped for.

Today Labour has been holding an opposition debate on employment rights, following reports the Conservatives could water down EU rules.

Interestingly the Observer has been reporting “British businesses that export to the continent are being encouraged by government trade advisers to set up separate companies inside the EU to get around extra charges, paperwork and taxes resulting from Brexit,”

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