TSB changes mortgage application criteria for furloughed workers

TSB changes mortgage application criteria for furloughed workers

People on furlough may struggle to get a mortgage with TSB, as the bank has announced it is listing their salary as £1. The lender will refuse single mortgage applications if the furloughed worker’s salary isn’t being topped up by their employer. However, the bank…

Seven per cent of furloughed staff have gone back to work

Seven per cent of furloughed staff have gone back to work

UK businesses have said that thousands of employees have returned from furlough in the past two weeks, while there has also been a jump in companies restarting their operations, according to new figures. The Office for National Statistics (ONS) said that trading companies saw 7%…

Most furloughed staff fear they will lose their job eventually

Most furloughed staff fear they will lose their job eventually

Workers who have been furloughed during the pandemic have admitted they don’t think they will have a job by next year. It’s according to a recent study on staff who have been laid off by their employer during the coronavirus outbreak. And many workers have…

Albert Pujols pays $180,000 to support furloughed Angels employees in the Dominican Republic

Albert Pujols pays $180,000 to support furloughed Angels employees in the Dominican Republic

Albert Pujols is helping fill the gaps the Angels left when they decided to furlough many of their employees. Pujols is paying $180,000 out of his pocket to support furloughed Angels employees in the Dominican Republic for five months, according to a source close to…

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