Restaurant staff at the Tomahawk Steakhouse chain have been asked to lend the business a tenth of their wages in order to help it through the latest lockdown. “The company has a short-term cashflow issue and it now requires your help and support,” the restaurant told its 500 staff in a loan agreement letter. Guardian business email sign-upNeil Derrick, a regional secretary at the GMB, said the loan scheme exploited a legal loophole and was an “outrageous abuse” of the government’s furlough scheme. Howard Eggleston, who founded the company in 2017, defended the scheme, saying it had been given overwhelming support from staff. “We have 500-odd staff and we have had 100% take-up on the offer to try to help the company through,” he told the Guardian.

Source: The Guardian March 01, 2021 18:45 UTC