British Steel: thousands of jobs at risk after £500m subsidy rejected March 27, 2025 Thousands of jobs have been put at risk after British Steel announced plans to significantly reduce operations at its Scunthorpe steelworks. Up to 2,700 employees are expected to be impacted by the move which would see the closure of two blast furnaces and steelmaking operations as well as a reduction of steel rolling mill capacity [...]
Santander to shut 95 branches – putting 750 jobs at risk March 19, 2025 Santander announced a flurry of branch closures on Wednesday, which will place up to 750 employees at risk of redundancy. The bank, which is one of the UK’s most prominent mortgage lenders, will close 95 of its 444 branches as part of a structural overhaul that will begin in June 2025. Its updated branches network [...]
Lloyds places thousands of jobs under review in tech overhaul February 7, 2025 Lloyds Banking Group has placed thousands of jobs in its IT division under review as the lender races to beef up its engineering teams and modernise its digital banking offer, City AM can reveal. The FTSE 100 bank told some 6,000 tech and engineering staff on Wednesday that their jobs may be at risk of [...]
Daily Mail announces further round of job cuts January 31, 2025 The owner of the Daily Mail has told staff to expect another round of redundancies as it finalises its overhaul to make the outlet operate as one seven-day operation across online and print. In a letter to the news outlet’s employees on Thursday co-authored by the Daily Mail’s editor-in-chief, Ted Verity, and the chief executive [...]
John Lewis has ‘no plans’ to cut more jobs September 1, 2024 John Lewis has branded claims it is planning to cut more jobs and restructure its management team as "wholly inaccurate".
Carpetright: All you need to know ahead of redundancies and store closures July 23, 2024 Carpetright has become the latest household name to fall into insolvency following the likes of The Body Shop, Ted Baker and online luxury fashion retailers Matches and Farfetch earlier this year.
Tata: Unite suspends overtime ban and all-out strike at steel giant July 1, 2024 Unite has suspended an overtime ban and a planned all out strike at steel giant Tata over job losses, the union announced.
EV delivery firm Packfleet branded ‘disgusting’ for plans to sack 30 drivers and replace them with gig economy contracts May 8, 2024 EV courier Packfleet has informed workers of plans to sack 30 employed drivers and force them to become self-employed, City A.M. understands.