UK sheds thousands of retail jobs despite state aid

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 86%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Pharmacy giant Boots is cutting more than 4,000 jobs, while the John Lewis department store chain is slashing 1,300 positions.

BOOTS. A picture shows the Boots signage outside a branch of the retailer and pharmacy in London on July 9, 2020. Photo by Ben Stansall/AFP

During the pandemic, thousands of Boots and John Lewis staff have had up to 80% of their wages paid for by the UK government under the state'sstimulus packageThe new measures include bonuses handed to companies for retaining furloughed staff and for offering apprenticeships amid fears of"People need to know that although hardship lies ahead, no one will be left without hope," Sunak told parliament Wednesday on delivering a mini-budget aimed at kick-starting the UK economy...

John Lewis, whose physical stores were already struggling before the coronavirus outbreak as shoppers switched to online purchases, said it expected to sell the majority of its goods through the internet this year and in 2021. "However, we believe closures are necessary to help us secure the sustainability of the Partnership and continue to meet the needs of our customers however and wherever they want to shop."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dela Rosa's advice to ABS-CBN workers: 'Hanap ng ibang trabaho para mabuhay'Senator Bato dela Rosa urges the media network's thousands of workers to 'be industrious' and look for a new job in case ABS-CBN doesn't get a new franchise GAGO!!! hanap nalang din kayo ibang senador next election Sarap ng buhay ba?! Insensitive! 🙄
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Sanitation worker raised by single dad gets into Harvard Law SchoolA man from Maryland in the United States who held a job as a sanitation worker has been accepted into Harvard Law School. | NGunoINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Japan's Uniqlo operator downgrades profit outlook on pandemicFast Retailing now expects annual net profit to August of 85 billion yen ($792 million), down from an earlier projection of 100 billion yen.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

ABS-CBN was ‘slain’ despite surviving ‘grueling’ legislative scrutiny — solonMANILA, Philippines — Despite surviving the “grueling” scrutiny of lawmakers, ABS-CBN was still “slain at the end of the show,” Albay Rep. Edcel Lagman said after the network’s new
Source: cebudailynews - 🏆 8. / 71 Read more »

Duterte’s diatribe against Ressa part of his job –RoqueThe executive branch has a duty to enforce the law, the presidential spokesman said following President Duterte's recent pronouncement that he was gathering information to expose veteran journalist Maria Ressa as a fraud, Malacañang said Thursday. Presidential Spokesperson Harry Does he actually know what diatribe mean? How can a ruthless tirade be part of a job description?
Source: manilabulletin - 🏆 25. / 51 Read more »

Youth party-list to Bato: 'Find another job'kita nlang tayo sa 2022!❤️💚💙ibalikangabscbn saying boto sayo parekoy. until now parang wala ka pang saysay na nandyan, aber, ano na bahighest contribution mo bilang lingkod bayan? aber? Naawa ako sa Pilipinas as a whole inaalipin ng mga Davao.
Source: ANCALERTS - 🏆 26. / 50 Read more »