Virus drives up redundancies to record high

Virus drives up redundancies to record high ahead of scheduled end to the furlough scheme By Lucy White For The Daily Mail Published: 22:21 GMT, 15 December 2020 | Updated: 22:41 GMT, 15 December 2020 Record numbers of staff were axed ahead of the expected end of the furlough scheme, as the coronavirus jobs bloodbath … Read more

Fury over redundancies made before Rishi Sunak’s furlough extension

Hundreds of workers who have recently lost their jobs are furious with Rishi Sunak after he said the furlough scheme will be extended until the end of March. In a major Government U-turn the Chancellor said the move is needed to quell the economic situation caused by the Covid-19 pandemic. The job furlough scheme had been due to … Read more

Jeremy Corbyn talks to striking Tate Modern staff during walkout over cuts and redundancies

Jeremy Corbyn talks to striking Tate Modern staff during walkout over cuts and redundancies Jeremy Corbyn made an appearance at a Tate workers’ strike in London today  Ex Labour leader spoke in front of a dozens-strong crowd in front of Tate Modern In July Tate Enterprises said they would axe 300 staff from its shops … Read more

Beefeaters guarding the Tower Of London face redundancies for the first time in 600-year history

Beefeaters guarding the Tower Of London face redundancies for the first time in their 600-year history as charity battles £100m funding deficit Charity behind the Tower of London faces a funding deficit of £100million Beefeaters, who earn £24,000 a year, could face the chop to save charity money  The former veterans live at the Tower … Read more

Britain faces record 4.5million unemployed with one in three firms warning of redundancies

Britain is facing an unemployment crisis in the wake of the coronavirus pandemic, with up to 4.5million people left without jobs, Boris Johnson has reportedly warned cabinet members. The Prime Minister has told cabinet members to brace for a spike in unemployment figures, which could reach the highest number since records began, according to reports … Read more

British Airways planning 12,000 redundancies

British Airways planning 12,000 redundancies after owner IAG racks up losses of £466m in the first quarter By Daily Mail City & Finance Reporter Published: 23:40 BST, 28 April 2020 | Updated: 23:40 BST, 28 April 2020 Up to 12,000 British Airways staff will be made redundant after its owner IAG racked up losses of … Read more