Tag: Job losses

In a strongly worded letter, Labour donor Sacha Lord threatened to leave the party over the chancellor’s tax-hiking autumn statement unless immediate changes are made. Rachel Reeves

Some of the UK’s largest retailers, including Tesco, Sainsbury’s, and Marks & Spencer, have warned that changes announced in the October Budget could lead to shop closures, job cuts, and ...

Thousands of steelworkers face imminent job losses as British Steel accelerates plans to close its blast furnaces in Scunthorpe, a decision that unions warn will have a profound impact on ...

Netflix has laid off about 150 staff, just a month after the entertainment giant disclosed that it was losing subscribers for the first time in a decade. The lay-off, announced ...

The labour market crisis due to the economic fallout of the COVID-19 pandemic risks far from correcting anytime soon, until at least 2023, while also exacerbating inequalities, according to a ...

Britain is to be officially declared in recession for the first time since the 2008 financial crisis with figures set to show the COVID-19 crisis triggered a record economic slump. ...

More than 10,000 British airways workers are being terminated as a result of the financial impact of Covid-19 on the business. British Airways, like other airlines, has suffered deeply from ...