Britain pandemic Government Coronavirus Britain

One in three UK firms to axe staff in the next three months due to pandemic

Reading now: 775
www.mirror.co.uk

Almost a third of UK firms plan to lay off staff over the next three months in a further sign of the coronavirus pandemic's devastating impact on Britain's job market.

The British Chambers of Commerce (BBC) quarterly recruitment outlook reveals that 29% of 7,400 firms surveyed expect to axe jobs over the third quarter - a record high for the study.

The news comes as the latest unemployment figures show almost 650,000 people have dropped off company payrolls since lockdown began, with job vacancies at their lowest since records began.

Hannah Essex, co-executive director at BCC, said: "Many businesses are suffering from an historic cash crunch and reduced demand, meaning firms will still face tough decisions despite welcome interventions

Read more on mirror.co.uk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Community members urged to 'wake up' and help promote safety for students in Philadelphia - fox29.com - city Philadelphia
fox29.com
76%
249
Community members urged to 'wake up' and help promote safety for students in Philadelphia
PHILADELPHIA - Senseless violence in the City of Philadelphia has many on edge. This is especially the case after a 12-year-old girl was shot in a drive-by shooting in North Philadelphia on Tuesday while walking home from school with her younger brother. So far, police have not made any arrests and no suspects have been announced. The school district said it is in constant contact with police and will continue to work towards its Safe Path Program, but with more than 200 schools in the district, they need support and help from the community. FOX 29 spoke to Jose Ortiz, a parent who now walks his son home from the Feltonville School of Arts and Science. RELATED: 'Stay on the line': Philadelphia Police Commissioner responds to concern of long 911 wait timesOrtiz's son was absent on the day of the shooting, but that would have been the typical route he took on his commute home. "It's crazy because he missed that day that it happened and he walks actually through that same light it happened at," Ortiz said. "Yesterday, he was kind of scared to walk home by himself, so I came and picked him up." The safety of local children walking to and from school has become a growing concern. Chief Keven Bethel, a Special Advisor on School Safety for the School District of Philadelphia, appeared on Good Day Philadelphia.
DMCA