The German unemployment rate has increased by more than anticipated, putting an end to any hopes of a recovery from the downturn. The Federal Labor Agency reported that there were
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The union leaders of two south Wales Steelworks are planning to intensify industrial action in response to the dispute over nearly 3,000 jobs that is threatening to become an important
Cazoo the online car dealer, once valued at $8.5bn (£6.3bn), is now in administration and 200 jobs are at risk. Teneo has appointed administrators to its business. The company was
Santander UK’s chief executive is an outlier at a time when bank bosses have tightened up on the working from home. Mike Regnier, who made home-working a condition for taking
Anglo American has decided to delay and drastically reduce the Woodsmith Fertiliser Mine under the North York Moors. This decision could affect 1,650 British jobs. While Duncan Wanblad is Anglo’s
The Guardian has announced a programme of redundancies as it struggles with a sharp decline in advertising. Katharine Viner sent an email on Thursday to the staff outlining plans to
Premier Inn’s owner has announced plans to convert underperforming restaurants into hotel rooms. This will result in the loss of approximately 1,500 jobs. Whitbread, the company that runs pub-restaurants such
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
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
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
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
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
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
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
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
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
