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The Coronavirus Job Retention Scheme (CJRS) was a furlough scheme announced by Rishi Sunak, the Chancellor of the Exchequer, on 20 March 2020, during the COVID-19 pandemic in the United Kingdom. [1] The scheme was announced as providing grants to employers to pay 80% of a staff wage and employment costs each month, up to a total of £2,500 per ...
Since privatisation in the mid-1990s there have been nine occasions when an operator of last resort has been appointed. As of December 2024, the government has announced plans to hand over three more services to the operator of resort in 2025, [4] with an expectation that the hand over of all train operating companies' services, excluding open access operators, will be completed by October 2027.
Certain fares (about 40%) are regulated by the government. This includes Season tickets on most commuter journeys, some Off-Peak return tickets on long distance journeys and Anytime tickets around major cities. The government uses July's Retail Prices Index (RPI) measure of inflation to determine the increase in the price of these fares. [3]
The Health Protection (Coronavirus, International Travel) (England) Regulations 2020 (SI 2020/568) were introduced by way of a statutory instrument made by the Secretary of State for Health and Social Care, Matt Hancock, using emergency powers available to him under sections 45B, 45F(2) and 45P(2) of the Public Health (Control of Disease) Act 1984. [1]
Train Fleet (2019) Limited was established in August 2019 to take ownership of 40 Class 365 units from Eversholt Rail Group.This arose from a complex financial arrangement, struck during the privatisation of British Rail by the British Railways Board when the trains were financed by financial institutions, that gave Eversholt the option to pass on their lease liabilities back to the government.
At around £290 billion every year, public sector procurement accounts for around a third of all public expenditure in the UK. [1] EU-based laws continue to apply to government procurement: procurement is governed by the Public Contracts Regulations 2015, Part 3 of the Small Business, Enterprise and Employment Act 2015, [2] and (in Scotland) the Public Contracts (Scotland) Regulations of 2015 ...
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Gatwick Express, the third railway service to be franchised in 1996. Passenger rail franchising in Great Britain is the system of contracting the operation of the passenger services on the railways of Great Britain to private companies, which has been in effect since 1996 and was greatly altered in 2020, with rail franchising being effectively abolished in May 2021.