24,000 jobs at risk at Peacocks and Jaeger
The EWM Group announced 24,000 employees could be losing their jobs soon as both Peacocks and Jaeger will face cuts and closures.
Economy
Covid, Cineworld closes hundreds of cinemas in the UK and US temporarily
Covid: Cineworld, the cinema chain with sites all over the UK and US, has confirmed that it will close temporarily following news of film release delays.
Rishi Sunak announces job support scheme
The government will continue to support companies in paying the wages of workers who have not been able to return to work with the Job support scheme.
Premier Inn owner warns of up to 6,000 job losses
Whitbread, owner of the Premier Inn hotel franchise said that up to 6,000 people might lose their jobs working for the company because of Covid.
Covid: unemployment rate reaches 4.1%
Covid, the unemployment rate in the UK has hit 4.1% as 700,000 people have lost their jobs since March.
UK economy recovering from Covid as GDP rises 6.6% in July
For the third month in a row GDP has gone up and many see this as the start of the UK economy recovering from the impact of Covid. In July, GDP went up up 6.6%.
Provident Financial warns Covid has created uncertainty
The company reported a six-month loss of £32.6 million due to the pandemic, but added that its performance was better than expected..
Covid: Virgin Atlantic Files for Bankruptcy
The airline founded by Sir Richard Branson, Virgin Atlantic, has filed for bankruptcy because of the pandemic. Now, it is searching for protection.
Covid crisis, EasyJet passenger numbers fall of 99,6%
The company was hardly hit by the limit in movement, revenues down of 99.6% with £104 million missing according to forecast.
Here’s lists of restaurant included in Eat Out to Help Out deal
The Eat Out to Help Out will be launched on Monday, and it gives discount to restaurants from fast-food to Michelin-starred ones.
Government offers £50 bike vouchers: how to get them online
Government offers a £50 bike voucher to encourage people to get on their bikes and lose weight.
About 649,000 people lost their jobs during Covid crisis
The labor crisis scares UK workers who are moving towards a period of high unemployment that could lead to mass personal debt.
VAT slashed, prices will drop for all items
“These changes as an urgent response to the pandemic to support businesses affected by closures and social distancing”, Government source reveals.
Rishi Sunak plans to make temporary job for under 25s
Covid-enforced lockdown: the government will fund six-month job placements for the under 25s.
All you need to know about new bank transfer rule
New measure to preventing bank transfer faud and allow the transfer of money to friends and family in a simple and safety way with the “confirmation of payee”.
Due to Covid EasyJet cuts up to 30% of its staff
Airline Easyjet will have to make cuts on staff and flights due to the crisis caused by the pandemic.