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.
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:
Don't think it will last for long, its expected after the lockdown, give it a couple of months and it will be fine again
Aw! That's the Kingston John Lewis in that pic! ❤️ (Goes all post-pandemic nostalgic for random Kingston shopping)
Wait until government - ALL levels of gov't - layoffs start b/c of signif tax revenue losses. Alternative w/b/t raise taxes - not happening. i.e. can't pay out what you ain't got coming in. i.e. can't pay salaries/wages. i.e. layoffs. Large trouble in the Land of Oz.
Thanks Boris. Pig head
Zzzpa
Thanks China
Congratulations
COVID-19 + post-Brexit = DISASTER!
Bullish
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow futures sink 600 points as market pullback continues, airline and retail shares declineThe early morning trading action in futures market followed a big pullback last week. The mirage is struggling to hold its form. Print more.....issue more debt.....that will help...... Who will the Trump administration trot out today to talk up the market? Or more vaccine news? Or a new multi-trillion dollar stimulus plan? The Fed was always a destructor, the public just never knew. 98% of the country doesn’t remotely understand how the financial system works, nor any rational economics, so they actually thought this Ponzi Scheme was helping them.
Source: CNBC - 🏆 12. / 72 Read more »
How one 600-word article helped me quit my job, buy a sailboat, and move to paradise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. AmyMorinLCSW please retweet and warn the world! AmyMorinLCSW
Source: BusinessInsider - 🏆 729. / 51 Read more »
Analysts' view: Market jitters over second COVID-19 wave are an overdue pullbackA second straight day of record new coronavirus cases in Beijing and a spike in infections across a swathe of the United States has dented investor sentiment and sent stocks sharply lower on Monday. The roller coaster continues. Perhaps we should focus on other matters than the current schizophrenia of the stock market? After all, it doesn’t reflect the true economy. VoteTrumpOut2020
Source: Reuters - 🏆 2. / 97 Read more »