Tag: June

Coronavirus: 300,000 redundancies planned in June and July

Image copyright Getty Images British employers planned more than 300,000 redundancies in June and July, as the coronavirus outbreak took its toll on the workplace. 1,784 firms made plans to cut nearly 150,000 jobs in July, almost a sevenfold increase on July 2019. The figures were obtained by a BBC Freedom of Information request. In June 1,888 employers filed plans… Read more →

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Retail sales continue to bounce back in June

Image copyright Getty Images UK retail sales continued their bounce back in June, as the reopening of shops released pent-up demand. The amount of goods sold last month increased by 13.9%, said the Office for National Statistics (ONS). The rise followed record falls in April and a partial recovery in May as the coronavirus pandemic led to widespread shop closures… Read more →

UK debt climbs in June amid coronavirus pandemic

Image copyright Getty Images The UK government borrowed £35.5bn in June, about five times more than the same month last year, as coronavirus continued to weigh on public finances. The figure took total government debt to a record £1.98 trillion. However, the monthly borrowing figure was lower compared with May and was in line with expectations. The re-opening of non-essential… Read more →

Coronavirus: Almost 2,500 redundancies proposed in NI in June

Image copyright Getty Images Employers in Northern Ireland proposed almost 2,500 redundancies in June, which is the highest monthly figure on record. A further 745 redundancies were proposed in the first two weeks of July. The total number of proposed redundancies since the start of March is now 4,900. Companies are required to notify the government when they plan to… Read more →

US firms create record 4.8 million jobs in June

Image copyright Getty Images The US economy created jobs at a record pace in June as firms took on more staff after the coronavirus downturn. Payrolls surged 4.8 million, the most since the Labor Department began keeping records in 1939, helped by the reopening of factories and restaurants. It follows May’s jobs rebound, when 2.5 million joined the labour market,… Read more →

Coronavirus: All non-essential shops to reopen from 15 June – PM

Image copyright Getty Images All non-essential retailers will be able to reopen in England from 15 June, Boris Johnson has announced, as part of plans to further ease the lockdown. However, the move is “contingent on progress in the fight against coronavirus”, and retailers will have to adhere to new guidelines to protect shoppers and workers, the PM added. Outdoor… Read more →

Coronavirus: EasyJet to resume flights in June

Image copyright TF-Images EasyJet has said it will resume some flights on 15 June, with all passengers and cabin crew told to wear face masks to protect against the coronavirus. The airline announced that it would restart a “small number” of routes where there is enough customer demand. The initial schedule will include domestic routes across the UK and France.… Read more →