Executives from major retailers caution the UK government on planned budget changes, emphasizing potential economic repercussions.A rise in National Insurance contributions is expected to lead to…
Browsing: job losses
The recent hike in National Insurance is raising alarms among UK retailers, who foresee inevitable job cuts.Chancellor Rachel Reeves has increased employers’ National Insurance by 1.2%…
H&M has announced the closure of its Edinburgh call center with a job loss of 150 employees anticipated by year’s end.Employees were informed in August about…
The rescue of TGI Fridays by private equity backers has resulted in significant closures and job losses, despite saving a number of restaurants and positions.51 restaurants…
The recent rescue of TGI Fridays by private equity firms has prompted the closure of numerous branches, leading to substantial job losses.Over 1,000 employees have been…
Harland & Wolff is on the brink of administration, endangering its £1.6 billion contract for Royal Navy ships.The shipyard confronts a cash shortfall, risking domestic shipbuilding…
The impending shutdown of Scotland’s Grangemouth oil refinery in 2024 marks a critical shift in the UK’s energy landscape, influencing jobs and fuel imports.The closure by…
Concerns over the UK government’s plans to increase the windfall tax on oil and gas companies have led to predictions of job losses, reduced investment, and…