July 1, 2020
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8:48Now PlayingMinisters have been accused of “sitting on the sidelines” as companies announce thousands of job losses, due to the coronavirus pandemic.
In recent days 12,000 redundancies have been announced, most of them in high street retail and aviation, sectors hit hardest by the lockdown.
SSP which owns the food chains Upper Crust and Cafe Ritazza says it may cut 5,000 jobs because of the sharp fall in passenger numbers at railway stations and airports.
The aerospace giant Airbus says it plans to cut 1,700 jobs in the UK as part of plans to close 15,000 posts globally.
The retailer John Lewis has said today that some of its stores will not reopen after lockdown. Top Shop, Harrods and the shirt maker TM Lewin have also announced job losses.
Boris Johnson has said that while the risk to jobs is “very, very serious”, the Treasury has protected the livelihoods of 11 million people.
Huw Edwards presents BBC News at Ten reporting by Business Editor Simon Jack, Sarah Corker and Political Editor Laura Kuenssberg.
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