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Tag: jobs

Butlin’s: 1,000 jobs at risk when furlough ends

Butlin’s: 1,000 jobs at risk when furlough ends

Business
Holiday camp operator Butlin's has yet to tell 1,000 furloughed workers what their future is when the government's wage subsidy scheme ends next month.A document sent to staff and seen by the BBC suggests employees either take paid holiday if they have any remaining or unpaid leave if not.Butlin's is currently operating at 50% capacity and is heading into the winter months when income falls significantly. It said no decision had been made about workers on the government scheme.The company said: "Since we reopened Butlin's we've worked hard to bring back as many of our team as possible whilst ensuring we're safe and secure. "There has been no decision made regarding our team who are still furloughed." Coronavirus: When will the furlough scheme end? Extend ...
Rishi Sunak: New ways to protect jobs ‘my priority’

Rishi Sunak: New ways to protect jobs ‘my priority’

Business
Media playback is unsupported on your device The chancellor has said looking for new ways to protect jobs is his "number one priority" after the unemployment rate hit its highest level in two years.Rishi Sunak said finding innovative solutions was "top of mind" as figures showed unemployment rose to 4.1% in the three months to July, up from 3.9%. Labour called for the furlough scheme to be replaced when it ends in October, warning joblessness could spike.But the chancellor stressed this would not help people find new opportunities.Mr Sunak acknowledged the furlough wage support scheme had worked, with more than half of the 9.6 million workers furloughed since May returning to work by mid-August.But he told the BBC: "I wouldn't be being honest ...
Pret cuts 2,800 jobs as sales sink to lowest level in 10 years

Pret cuts 2,800 jobs as sales sink to lowest level in 10 years

Business
Pret A Manger is cutting 2,800 jobs due to the economic downturn caused by coronavirus.The popular cafe chain said the COVID-19 pandemic had caused sales to fall to levels last seen 10 years ago. It follows the announcement that 30 Pret shops across the UK would close permanently. Image: Pret is cutting 2,800 jobs due to the coronavirus pandemic. File pic In a statement on Thursday, chief executive Pano Christou said: "I'm gutted that we've had to lose so many colleagues."Although we're now starting to see a steady but slow recovery, the pandemic has taken away almost a decade of growth at Pret. ...
M&S to cut 7,000 jobs over next three months

M&S to cut 7,000 jobs over next three months

Business
Marks & Spencer is cutting 7,000 jobs over the next three months across its stores and management.It said the coronavirus pandemic had made it clear there had been a "material shift in trade".In-store sales of clothing and home goods were "well below" 2019, although online and home deliveries were strong. M&S said it hoped a "significant proportion" of the cuts - about a tenth of its workforce - will be voluntary redundancy and early retirement.In a statement, M&S said it was "too early to predict with precision where a new post-Covid sales mix will settle. We must now act to reflect this change".But the retailer said operating during the pandemic had showed it could work "more flexibly and productively", with more staff multi-tasking and movi...
National Express to use jobs bonus to cut bus fares

National Express to use jobs bonus to cut bus fares

Business
National Express has said it will use £4m from the government's Job Retention Bonus scheme to cut fares on its West Midlands and Dundee bus routes. It said the move, which will not affect coaches fares, would help boost demand and support the local economies.The bonus scheme will pay firms £1,000 for each employee brought back from furlough and employed until January.A Treasury spokesman told the BBC: "There's no restrictions on how firms can use the bonus payments."Rishi Sunak defends furlough bonus schemeNational Express said it would claim £4m from the Job Retention Bonus scheme for staff on its West Midlands and Dundee bus services, suggesting 4,000 workers will be brought back from furlough and employed until at least January. It said a "sizeable pro