Coronavirus: UK suffers biggest job losses since 2009; number of self-employed falls

Coronavirus: UK suffers biggest job losses since 2009; number of self-employed falls

LONDON: The number of people in work in Britain fell by 220,000 in the three months to June, the most since 2009, as the coronavirus crisis hammered the number of self-employed, Office for National Statistics said. The number of self-employed people fell by a record amount, led by older workers, while the number of employees … Read more

Planned layoffs at British companies surge due to detrimental economic impact

Planned layoffs at British companies surge due to detrimental economic impact

London: The number of British companies planning to cut staff numbers in June was five times higher than in the same month a year earlier, in an ominous sign of COVID-19’s economic impact. Figures obtained by the BBC show that 1,778 companies informed the government of plans to cut a total of 139,000 jobs. A … Read more