James Reed warns of job losses ‘tsunami’ on ‘day of reckoning’ when furlough ends

Boss of Britain’s biggest recruiter James Reed warns of job losses ‘tsunami’ on ‘day of reckoning’ when furlough ends Government revealed it was paying 6.3m workers’ wages at the start of May There were warnings it faced an £8bn bill as a result of the furlough scheme The scheme will run out at the end … Read more

Sophie Wessex ‘incredibly saddened’ as children’s hospice closes site due to £2m coronavirus losses

Sophie Wessex is said to be ‘incredibly saddened’ by the closure of a children’s hospice facility after the coronavirus pandemic saw them lose £2million in funding. The Countess, 55, is patron of Shooting Star Children’s Hospices, a charity which cares for babies, children and young people with life-limiting conditions, and their families. The organisation, which … Read more

Coronavirus UK: Bosses warn of job losses once furlough ends

Bosses have warned there will inevitably be mass job losses when employers are asked to start sharing up to 50 per cent of the cost of the government’s furlough scheme in August.  Industry experts also claim Chancellor Rishi Sunak‘s extension to the Job Retention Scheme – where the Treasury bankrolls 80 per cent of wages … Read more

London Zoo may have to shut down: Bosses facing £2.3m a month losses in the coronavirus crisis

London Zoo may have to shut down: Bosses facing losses of £2.3m a month in the coronavirus crisis The zoo has furloughed 280 staff and needs a £25m cash injection to stay afloat It faces the worst crisis since it opened in 1847 as its reserves are running out  This could put its world-renowned collection … Read more