John Lewis has announced today it is to cut 1,500 head office jobs in an effort to bolster the business in the devastating coronavirus pandemic. The John Lewis Partnership revealed the cuts as part of the next phase of its five-year plan to return it to sustainable profits by 2025. It is the latest blow … Read more
Coronavirus crisis jobs cull tops 200,000: Chancellor urged to do ‘whatever it takes’ to curb the cuts By James Salmon for the Daily Mail Published: 23:06 BST, 7 July 2020 | Updated: 23:06 BST, 7 July 2020 The Chancellor was last night urged to do ‘whatever it takes’ to support jobs as it emerged more … Read more
Shares in train station and airport cafe operator SSP came under pressure as it became the latest company to lay off workers because of the plunge in travel. The Upper Crust-owner warned investors it could axe up to 5,000 jobs from its head office and UK outlets as commuters stay home, socialising remains limited and … Read more
Banks and building societies have cut a staggering 47 per cent of all mortgage deals from sale over the past three weeks in a move not seen since the credit crunch, as fears over the health of the housing market loom. This month the Government urged buyers and sellers not to move home as the pandemic continues to … Read more