Government Refuses to Extend the Furlough Scheme as Job Layoffs Escalate

JOB LOSSES - It’s been confirmed that travel money firm Travelex has agreed a deal to stay in business, but at a cost of cutting more than 1,300 jobs in the UK - putting at risk its workforce at its two sites in Scotland at Glasgow airport and Aberdeen airport. 

The latest cuts come as around 10,000 job losses were announced this week at leading companies including WH Smith, Pizza Express, Hays Travel, Dixons Carphone, M&Co, LGH, DW Sports, Aecom, Prestwick Airport, William Hill, and Sodexo.

The government has so far refused to extend the furlough scheme. On August 23rd the moritoriumn on evictions ends. 

Image: Job losses mount in a troubled economy. 

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