The number of people on British company payrolls fell by more than 600,000 in April and May as the coronavirus lockdown hit the labour market, and vacancies plunged by the most on record, official data showed on Tuesday.
FILE PHOTO: People walk through the Canary Wharf financial district of London, Britain, December 7, 2018. REUTERS/Simon Dawson
Many companies have already announced permanent layoffs of workers. On Monday, building materials firm Travis Perkins said it would cut about 9% of its workforce, or 2,500 jobs. Airlines have shed more than 15,000 jobs in Britain. Prime Minister Boris Johnson, under pressure to ease the slump in the economy, has ordered a review of Britain’s two-metre social distancing rule which many employers say is stopping them from getting back up to speed.
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