LONDON (AP) – The number of people in the U.K. who lost their jobs hit a record high in the three months through October …
LONDON (AP) – The number of people in the U.K. who lost their jobs hit a record high in the three months through October during the run-up to the planned ending of a government salary support scheme, official figures showed Tuesday. The Office for National Statistics said redundancies reached 370,000 in the August to October period, a record for a three-month period. At the end of October, the British government had been planning to end the Job Retention Scheme, which saw it pay the majority of the salaries of people who had become idle due to the coronavirus pandemic but were kept on payroll by firms. UK Facing Massive Tax Hikes Following COVID Spending Spree, Warns Think Tank, As Unemployment Rises https://t.
