About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg QuickTake: Now published this video item, entitled “U.K. Raises Job Support Aid, Cutting Employers’ Contributions” – below is their description.
The U.K. will increase its contribution to wage costs for firms who can stay open, according to Chancellor of the Exchequer Rishi Sunak, Bloomberg News reports. The new plan will require employees to work 20% of hours, rather than 33%. Firms will only have to cover 5% of non-worked hours, which also was at 33%.Bloomberg QuickTake: Now YouTube Channel
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In This Story: Rishi Sunak
Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015.
His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.
Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, he would later become the UK Chancellor of the Exchequer in under five years.