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Jobs and Employment
Forecasts show that Sunak’s crackdown on worklessness will not reduce the benefits bill
Official forecasts indicate that Britain will continue to pay a record £30bn a year in benefits to those who don't have to work, even after Rishi Sundera's welfare reform.
By the end of this decade, the amount of disability benefits paid…
Tata Steel rejects union’s plan to save jobs, keep Port Talbot furnace operating
Tata Steel rejected a union plan to keep a blast-furnace open at the Port Talbot Steelworks. This ended any hope of avoiding up to 2,800 job cuts.
On Thursday, unions in London met with the company to plead with them not to proceed with…
Let us hire foreign cabin crew, says Ryanair boss
Michael O'Leary, the chief executive of Ryanair, has stated that if it cannot hire foreign air stewards then they will have to cancel a planned expansion in UK flights.
Mr O'Leary warned British workers that they no longer wanted to be…
Hunt promises to reduce the benefits bill ‘further’ and ‘faster’
Jeremy Hunt warned that the costs of welfare benefits were rising uncontrollably. He pledged to cut the welfare bill "further, faster and more dramatically".
In an interview, the Chancellor said that he also wanted to reduce National…
IMF urges men to reduce benefits in order to increase employment
Mel Stride says he will 'do what it takes' when the Fund calls for radical measures to combat unemployment
The International Monetary Fund has urged Britain and other wealthy nations to reduce benefits and taxes in order to combat the…
Tata will ‘continue to lose jobs in Port Talbot even with Labour subsidy.
Sources close to Tata Steel have stated that the company would continue to cut thousands of jobs at its Port Talbot facility despite being promised hundreds of millions pounds in subsidies by Labor.
According to people familiar with the…
Waitrose prepares to close its warehouse, putting hundreds of jobs in danger
Waitrose puts hundreds of jobs in danger as it prepares to close a warehouse that was opened only four years ago.
The supermarket has announced that it will close its Enfield warehouse this summer, which could result in the loss of more…
Daily Mail journalists prepare for job cuts
The Daily Mail is preparing to cut jobs after warnings from its bosses about changes in working patterns.
Ted Verity, the editor of Mail Newspapers said in a memo to employees that the publisher is taking additional steps to merge their…
Ted Baker is preparing to appoint administrators, putting nearly 1,000 jobs at risk
Ted Baker’s European Retail and Online arm will appoint administrators. This puts almost 1,000 jobs in danger at the British brand.
The fashion brand has struggled for years due to increased competition and the fallout of the departure…
ITV reduces jobs as advertising slump continues
ITV is cutting staff as it struggles to cope with a dramatic drop in advertising revenue.
ITV terminated employees from its internal advertising agency in the last month. The job cuts come as ITV faces its biggest advertising slump since…
Metro Bank will end its seven-day operations and cut 1,000 jobs
Metro Bank has slashed hours and canceled the seven-day opening of its branches after losing 1,000 jobs.
As part of an 80 million pound cost-cutting campaign, the high street lender , which was saved in an emergency fundraiser last…
As benefits increase, four million people may be forced to abandon their jobs permanently.
Think tank warns that the shift in welfare benefits following the pandemic discourages unemployed people from seeking employment.
A surge in the number of benefits being paid to those who don't have to work after the lockdown could lead…
Sainsbury’s will cut 1,500 jobs as part of a £1bn cost cutting drive
The goal of role reductions is to create cash that can be spent on luring customers back from competitors.
Sainsbury's plans to reduce costs by £1bn will see 1,500 jobs cut.
The supermarket chain will simplify its operations by…
Celsa’s Cardiff plant is up for sale, putting hundreds of jobs in steel at risk
The Spanish parent company of one of Britain's leading producers of reinforced Steel has put the company up for sale.
Celsa Steel UK, a plant in Cardiff that supplies the Hinkley Point nuclear project in Somerset, is the biggest producer…
Since the start of the year, tech companies have cut 34,000 jobs in a pivot to AI
As they invest in new areas like generative artificial intelligence, tech companies have cut 34,000 jobs.
According to Layoffs.fyi which tracks attrition within the industry, Microsoft, Snap and PayPal each have eliminated hundreds or…
Guardian prepares for job cuts as drought in online advertising hits publishers
The Guardian's staff is bracing for job cuts, after their bosses informed them that the publisher will make a £39million loss annually due to a slump on the digital advertising market.
The Guardian's troubles, which were revealed to its…
The tax payer bill for benefits for workers of working age will reach 100 billion pounds this year
The first-ever increase in disability claims following the lockdown will see Britain's benefits bill for working age reach £100bn this year.
According to the Department for Work and Pensions' (DWP) forecasts, the cost of welfare…
ONS reveals the depth of the crisis as it finds 400,000 additional dropouts
The jobless crisis in Britain is more serious than thought. New estimates reveal that over 400,000 people have left the workforce due to long-term illness at a record high.
According to the Office for National Statistics, there are 9.25…