FCA Group to cover car finance payments if customers lose their jobs

Fiat and Alfa Romeo to waive up to 7 MONTHS of car finance payments if customers lose their job in the next year due to the coronavirus pandemic Third of motorists surveyed say they are interested in buying a new car but are concerned about their job security FCA Group – including Fiat, Alfa Romeo, … Read more

Rishi Sunak races to build 100bn job creation scheme amid fears 2MILLION will lose their jobs

Rishi Sunak is racing to build a £100bn job creation scheme amid fears two million Britons will lose their jobs when the furlough scheme ends.   During the Downing St press conference the Chancellor promised to address the looming employment crisis with a scheme to create additional jobs.   Mr Sunak announced that the furlough scheme, which … Read more

Quarter of Britain’s manufacturers say they are planning to cut jobs

Quarter of Britain’s manufacturers say they are planning to cut jobs over next six months By James Salmon for the Daily Mail Published: 21:51 BST, 28 May 2020 | Updated: 22:12 BST, 28 May 2020 A quarter of Britain’s manufacturers plan to cut jobs over the next six months, according to an industry poll. One … Read more

Number of jobs furloughed hits 8.4MILLION with another 2.3million self-employed

Boris Johnson today vowed not to increase income tax, VAT or national insurance despite coronavirus wreaking havoc on the public finances.  The PM also promised that the triple lock on state pensions – which means they rise by the highest of inflation, earnings, or 2.5 per cent – would be maintained.  Standing by the pledges, … Read more

Supercar maker McLaren to axe 1,200 jobs as it battles to survive

Supercar maker McLaren to axe 1,200 jobs as it battles to survive coronavirus crisis By Daily Mail City & Finance Reporter Published: 22:58 BST, 26 May 2020 | Updated: 22:58 BST, 26 May 2020 British supercar maker McLaren is cutting more than a quarter of its workforce as it battles to survive the coronavirus crisis. … Read more

GKN jobs fear as aerospace giant pays staff to quit

Fears of huge job cuts at GKN as aerospace giant pays staff to quit GKN asked staff at two of its aerospace factories to take voluntary redundancy Aerospace manufacturers are grappling with a slump in demand in civil aviation  Last week, Rolls-Royce announced plans to slash 9,000 jobs  By Jamie Nimmo For The Financial Mail … Read more

Cut 2-metre rule to save ‘thousands’ of jobs, say restaurants

Cut 2-metre rule to save ‘thousands’ of jobs, say restaurants By Harriet Dennys For Financial Mail On Sunday Published: 22:31 BST, 23 May 2020 | Updated: 23:09 BST, 23 May 2020 Relaxing the two-metre social distancing rule in restaurants and pubs could save ‘thousands’ of jobs, says the boss of the firm behind Wagamama and … Read more

Apple’s AR glasses may come in ‘heritage’ Steve Jobs frames meant to mimic late CEO’s iconic eyeware

Apple’s augmented reality glasses may come in ‘Steve Jobs heritage edition’ frames meant to mimic the late CEO’s iconic eyeware Reports suggest that Apple will release limited edition AR glasses The frames will mimic glasses worn by late Apple CEO, Steve Jobs  Neither the price nor the supply have been reported  By James Pero For … Read more

Rolls-Royce will cut 9,000 aerospace jobs to save £1.3billion

Rolls-Royce will cut 9,000 aerospace jobs to save £1.3billion after air travel slumped in coronavirus pandemic By Rory Tingle For Mailonline Published: 07:22 BST, 20 May 2020 | Updated: 07:33 BST, 20 May 2020 Aerospace giant Rolls-Royce has said it plans to cut at least 9,000 jobs after the aviation industry was hit hard by … Read more