Massive redundancies seen in 2020 as economy is battered by pandemic
Massive redundancies seen in 2020 as economy is battered by pandemic
The UK’s unemployment rate soared during 2020 as some of the country’s largest businesses were forced to lay off hundreds of thousands of staff, with some of the biggest casualties in the retail, hospitality and travel sectors.
The PA news agency tracked nearly 280,000 announced redundancies or jobs that were put at risk since March 23, when the first lockdown started.
It is a clear demonstration…