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https://youtube.com/watch?v=KPf3msZLZdMDebenhams, one of the biggest names on the high street, is set to close with 12,000 staff expected to lose their jobs. It's the second huge blow to the UK retail sector in the space…
https://youtube.com/watch?v=glCewBbek7MThe impact of the coronavirus pandemic has led to the highest levels of unemployment in the UK for more than 3 years. The Office for National Statistics says the rate increased to 4.5 per cent…
https://youtube.com/watch?v=3cB8VNKQzbsThe UK has fallen into its worst recession on record because of the coronavirus lockdown, contracting by more than 20% between April and June 2020. It’s the worst slump of any major global economy. The…
https://youtube.com/watch?v=2zYI_titr3cTwo of the UK's biggest High Street retailers, John Lewis and Boots, have announced more than 5,000 job cuts. 4,000 jobs will go at Boots and 48 Boots Opticians stores will be closed. 1,300 jobs…
https://youtube.com/watch?v=_9qWqx5F-X0Ministers have been accused of “sitting on the sidelines” as companies announce thousands of job losses, due to the coronavirus pandemic. In recent days 12,000 redundancies have been announced, most of them in high street…
https://youtube.com/watch?v=Vnz7kQP7WYoThe United Kingdom is facing a "significant recession", according to the Chancellor, Rishi Sunak. The Office for National Statistics reported a record fall in economic output in March. The impact of the pandemic is likely…