Fears of ‘economic Armageddon’ unless workers return to work with as many as 135,000 jobs on the line in Britain
BRITS have been warned of an "economic Armageddon" unless workers return to work, with as many as 135,000 jobs on the line in Britain.
A surge in redundancies have been announced since the coronavirus outbreak, with firms including Boots, EasyJet, Pret A Manger and WHSmith taking the hit.
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The lay-offs continued on Wednesday as WHSmith announced it would cull 1,500 staff, mostly at train stations and airports, due to a collapse in the number of commuters and holidaymakers.
WHSmith boss Carl Cowling said: "I regret that this will have an impact on a significant number of colleagues... we will do everything we can to support them at this challenging time."
It comes as more British workers are staying at home more than anywhere else in Europe - leading to pressure on the Government to get Britain moving again as businesses such as restaurants and shops suffer from a lack of footfall, particularly in city centres.
Iain Duncan Smith said: "It's outrageous that people are still being told they shouldn't go back to work.
"If they don't go back to work, economic Armageddon will hit Britain and with it will come swathes of unemployment leading to even more lives being lost."
Just over a third of Brits have headed back to the office and sat behind their desks after the PM scrapped home-work advice on August 1.
It means the UK is lagging behind all major European countries - in France 83 per cent of office staff are back at their desks and 70 per cent of Germans have given up working from home, according to a survey by Morgan Stanley.
But despite the Prime Minister's efforts to get the economy moving again, many companies have said they will keep staff working at home well into next year.
Clothing chain M&Co will shut 47 stores and shed 380 jobs after going bust in April, while bookmaker William Hill said yesterday that 119 of its betting shops will shut due to a lack of customers.
It also emerged last night that about 1,500 staff at hotels managed by LGH in England and Scotland could lose their jobs - whose hotels include Crowne Plaza, Holiday Inn and Hallmark.
Analysis by the found that of large firms that have disclosed figures, 22,500 job cuts are in retail, 18,100 in restaurants, and 21,600 in travel and airlines.
And Housing Secretary Robert Jenrick has warned of further job losses unless people support such businesses.
Speaking to LBC this morning, he said: "You are seeing people starting to go back into town centres and obviously using local shops in villages and rural areas, but many of our city centres are very quiet and we need to get back into them, using the Chancellor's Eat Out To Help Out scheme, going to visit the shops safely, it can be done.
"Shops and the hospitality industry are going to great lengths to make sure that they're following social distancing guidelines and those of us that can do so need to get out and support them now or else we will see, I'm afraid, further job losses and a loss of some of those fantastic businesses that we see in our cities."
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Since the coronavirus pandemic hit, the analysis revealed 230,000 people are set to lose their jobs at more than 100 of Britain's largest firms, both here and abroad.
Pizza Express, Currys PC World, Hays Travel and DW Sports, have all announced cuts, slashing up to 4,470 jobs between them.
Some of the other major firms cutting staff include Boots (4,000), EasyJet (1,900 in Britain), (John Lewis (1,300), Marks and Spencer (950), and Pret A Manger (1,000 at risk) and Virgin Atlantic (3,150).
JOB LOSSES IN BRITAIN
The following firms have announced cuts to jobs since March 23...
August 5
LGH (hotel group - 1,500 at risk
WH Smith - 1,500
M&Co - 380
August 4
Dixons Carphone - 800
Pizza Express - at risk 1,10
August 3
Hays Travel - up to 878
DW Sports - at risk 1,700
July 31
Byron - 651
July 30
Pendragon - 1,800
July 28
Selfridges - 450
July 27
Oak Furnitureland - at risk 163
July 23
Dyson - 600 plus 300 abroad
July 22
Mears - fewer than 200
Fortnum & Mason - 50
July 20
Marks & Spencer - at risk 950
July 17
Azzurri Group - up to 1,200
July 16
Genting - at risk 1,642
Burberry - 150 plus 350 abroad
July 15
Banks Mining - at risk 250
Buzz Bingo - at risk 57
July 14
Vertu - 345
DFS - at risk 200
July 9
General Electric - 369
Boots - 4,000
John Lewis - at risk 1,300
Burger King - at risk 1,600
July 7
Polypipe - 250
Reach (newspaper group) - 550
July 6
Pret a Manger - at risk 1,000
July 2
Luton Airport - 250
Casual Dining Group - 1,909
July 1
SSP (owns Upper Crust) - at risk 5,000
Arcadia (owns TopShop) - 500
Harrods - 700
Virgin Money - 300
Accenture - 900
Norwich Theatre Royal - 113
Willmott Dixon - 100
June 30
Airbus- 1,700
TM Lewin - 600
Wright’s Pies - 80
Harveys - 240
June 25
Royal Mail- 2,000
June 24
Jet2 - 102
Swissport - 4,556
Crest Nicholson - 130
June 19
Aer Lingus - 500
June 15
Jaguar Land Rover - 1,100
Travis Perkins - 2,500
June 12
Le Pain Quotidien - 200
June 11
Heathrow - 25,000
Bombardier - 600 plus 1,900 abroad
Johnson Matthey - 2,500
Centrica - 5,000
Grant Thornton - 70
June 10
Quiz - 93
Restaurant Group - 3,000
Monsoon Accessorise -545
Everest Windows - 188
June 8
BP - worldwide 10,000
Mulberry - 375
June 5
Victoria’s Secret - at risk 800
Bentley - 1,000
June 4
Aston Martin - 500
Lookers - 1,500
June 1
Triumph - 240 plus 160 abroad
May 29
Belfast International Airport - 45
May 28
EasyJet - 1,900 plus 2,600 abroad
May 26
McLaren - 1,200
May 22
Shearings Holidays - 2,500
Carluccio’s - 1,000
May 21
Clarks - 900
May 20
Rolls-Royce - 6,000 plus 3,000 abroad
May 19
Ovo Energy - 2,600
Antler - 164
May 15
JCB - at risk 950
The Economist - worldwide 90
May 13
Tui - 270 plus 7,730 abroad
May 12
Carnival UK - 450
May 11
P&O Ferries - worldwide 1,100
May 5
Virgin Atlantic - 3,150
May 1
Ryanair - worldwide 3,000
April 30
Oasis Warehouse - 1,800
April 29
Deliveroo - worldwide 350
April 28
British Airways - 12,000
April 23
Safran Seats - 400
Meggitt - worldwide 1,800
April 21
Cath Kidston - 900
April 17
Debenhams - 422
March 31
Laura Ashley - 268
March 30
BrightHouse - at risk 2,400 March 27
Chiquito - at risk 1,500
John Menzies - worldwide 17,500