News - London

Virus crisis: 612,000 UK workers lose their jobs during lockdown

Joanne Ray 0 130

Early estimates from the taxman suggest 163,000 people lost their jobs in May, on top of 449,000 the previous month, as the coronavirus crisis lockdown took its toll on the UK economy. The Office for National Statistics (ONS) said HM Revenue and Customs (HMRC) data covering the number of paid employees suggested a fall of 2% since the country entered effective hibernation in March.

Heathrow starts voluntary redundancy scheme, can't rule out more job losses

Joanne Ray 0 138

LONDON (Reuters) - Britain's Heathrow Airport, which before the coronavirus pandemic was the busiest in Europe, said it had started a voluntary redundancy scheme after passenger numbers fell to an all-time low and it could not rule out further job losses. Heathrow said that passenger numbers in May were down 97% and it was preparing for further declines due to Britain's quarantine rule.