Luxury fashion firm Burberry has today signalled plans to lay off its workers in a bid to save £55million after the coronavirus lockdown slashed its revenues by half. The firm, which employs over 1,000, said that retail sales plunged 45 per cent in the three months to June 27 due to lockdown closing stores. Retail … Read more
Rishi Sunak faces a plea to keep Britain in work as the scale of the jobs bloodbath already under way is revealed today. Almost 200,000 workers at household-name companies have been laid off since the start of lockdown, an analysis by the Daily Mail has found. The Chancellor was told last night that his focus needs … Read more
The hero police officer injured in a knife attack at a Glasgow hotel has said he will never forget the bloodbath and has praised the bravery of his colleagues from his hospital bed where he remains in a stable condition. Constable David Whyte, 42, was one of six people injured during the incident at the … Read more
The owner of British Gas has become the latest major company to axe thousands of jobs in the wake of the Covid-19 crisis. Centrica yesterday said it would slash 5,000 roles to speed up cost-cutting plans, a blow that came as chemicals firm Johnson Matthey announced plans to shed another 2,500 staff and Bombardier Aerospace … Read more
Bloodbath of bankers in HSBC’s biggest shake-up in its 155-year history By Daily Mail City & Finance Reporter Published: 22:58 BST, 26 May 2020 | Updated: 22:58 BST, 26 May 2020 HSBC is set to intensify the biggest shake-up in its 155-year history, putting even more jobs at risk. The bank had already announced it … Read more