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UK Treasury Committee discusses how the furlough scheme has been open to fraud

Furlough fraud issues have been an ongoing problem since the Job Retention Scheme was introduced by the government in March 2020. The Treasury Committee recently highlighted this problem as part of a review of the economic impact of the coronavirus pandemic. The hasty roll out of the scheme and general miss management could prove to be very costly as the Treasury estimated billions have been misappropriated.

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New Manchester arena ‘Co-op Live’ will create 3,350 construction jobs

Construction has started on Manchester’s Co-op Live arena a brand new 23,500-seater venue next to the Etihad Football Stadium. The £350m build is set to be the UK’s biggest entertainment arena and it will “kickstart” a wave of economic activity and job creation in the North West region. The project developer OVG real Estate said that on average Co-op Live’s construction site will have 400 people working on it daily.

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