Co-operative Bank will axe 350 jobs in middle management and head office and will close 18 branches as Covid jobs bloodbath continues The bank said low interest rates during the pandemic hit income of all lenders More customers also banking online and making fewer transactions in branches Britain is already facing a loss of 187,000 … Read more
Frasers Group saves 922 jobs as it snaps up DW Sports assets in £37m deal amid increasing scrutiny over refusing to return furlough millions Around 1,700 jobs were at risk when DW Sports fell into administration in July Reports now claim the deal with Frasers Group will save 922 jobs During the year ending 31 … Read more
More than 90,000 travel sector jobs have been lost or placed at risk since the coronavirus crisis started, the association of travel agents and tour operators has said. ABTA has written to Chancellor Rishi Sunak asking for Government measures to support businesses, warning that the job situation in the industry had reached a ‘critical point’ … Read more
RUTH SUNDERLAND: If pandemic’s patterns of job losses, work and childcare become set, women’s long-term earnings and career prospects will suffer By Ruth Sunderland for the Daily Mail Published: 21:51 BST, 23 August 2020 | Updated: 21:51 BST, 23 August 2020 Decades of progress made by women in the workplace could unravel in the pandemic … Read more
Six million furloughed workers broke the rules by doing their jobs from home during lockdown, according to a major report. Almost two-thirds of the 9.4 million people whose salaries were paid by the Government worked during April and May, despite businesses being banned from claiming for employees who did so. Chancellor Rishi Sunak’s £30 billion … Read more
Hundreds of jobs at sushi chain Wasabi hang in balance after it becomes latest chain to prepare to shut restaurants By Daily Mail City & Finance Reporter Published: 21:50 BST, 21 August 2020 | Updated: 21:50 BST, 21 August 2020 Hundreds of jobs at sushi chain Wasabi are hanging in the balance after it became … Read more
The tourism industry has taken a major hit during the coronavirus crisis with STA Travel UK announcing that it had collapsed today. The student travel firm announced on their website on Friday that it had ceased trading and will closes all 50 shops, leaving travellers chasing refunds. The travel agency, which specialises in package tours … Read more
MARKET REPORT: Beleaguered investors in Britain’s blue-chip index left nursing further losses after cautious outlook from US central bank puts global markets on back foot By Lucy White For The Daily Mail Published: 22:15 BST, 20 August 2020 | Updated: 22:17 BST, 20 August 2020 Beleaguered investors in Britain’s blue-chip index were left nursing further … Read more
Estee Lauder cutting 2,000 jobs and closing up to 225 stores after coronavirus caused sales to collapse By Daily Mail City & Finance Reporter Published: 22:15 BST, 20 August 2020 | Updated: 22:19 BST, 20 August 2020 Estee Lauder will axe 2,000 jobs and close up to 225 stores after the pandemic caused sales to … Read more
The launch of the Kickstart Scheme to create jobs for younger people on Universal Credit is still lacking the final details despite being announced nearly two months ago, This is Money can reveal. Meanwhile, some employers are already advertising for future roles through the scheme, with several spotted on recruitment platforms LinkedIn, Monster and Totaljobs … Read more