News - London

UK jobs outlook gloomiest in nearly 30 years amid Covid-19 pandemic

Joanne Ray 0 40

The outlook for jobs is the gloomiest in almost three decades, according to the latest employment survey by recruitment firm ManpowerGroup.

It found that companies in all big sectors of the economy are more likely to cut jobs than to hire people over the next three months, from July to September, the weakest forecast since records began in 1992.

Lookers axing around 1,500 jobs and shutting car dealerships to slash costs

Joanne Ray 0 65

Around 1,500 jobs are set to be axed and another 12 showrooms closed at struggling car dealership Lookers as the group announced plans to slash costs in the face of the coronavirus crisis and a tough car market. Lookers said it was launching redundancy consultations across all areas of the group, which are expected to see around 1,500 jobs go among its 8,100-strong workforce.

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