Job Losses

HMV to shut 66 stores putting 930 jobs at risk

Deloitte, the administrators of HMV announces that the first 66 HMV stores will shut, including its flagship store in Oxford Street, putting 930 jobs at risk.

HMRC job cuts stunted efficiency, says committee

Unpaid taxes £1.1bn higher ‘due to HMRC job cuts’

Tax collection has been £1.1 billion lower than it could have been because of job cuts at HM Revenue and Customs (HMRC), a public spending watchdog is claiming.

1,400 jobs to go at Yorkshire and Clydesdale banks

Clydesdale and Yorkshire Banks to cull 1,400 jobs

The Clydesdale and Yorkshire Banks are to shed 1,400 jobs. National Australia Bank (NAB), the banks’ owner, said the posts would be axed by 2015.

The latest unemployment figures will be released on April 18th

Unemployment expected to edge upwards

The Office for National Statistics (ONS) will publish the latest unemployment figures tomorrow (April 18th 2012) and they are expected to show a moderate increase.

One million traditional jobs lost for young people, says TUC

Sectors that traditionally employ young people, such as manufacturing, construction and retail, have shed almost one million jobs since 2007, a new study shows.

Banking sector 'set for further jobs cuts'

Further job losses expected in banking sector

The UK’s five biggest banks are to cut more jobs after profits were hammered by PPI claims, the euro debt crisis and higher regulatory costs, a report reveals.

RBS and Lloyds to cut another 1,900 jobs

Part state owned banks RBS and Lloyds have announced they are to shed a total of 1,900 jobs. Trade union Unite has called on the Government to intervene.

Unemployment has increased to the highest level for 17 years

Unemployment reaches 2.64m, highest level since September 1994

UK unemployment has risen by 128,000 over the last quarter to reach 2.64m in November as the fall in public sector jobs is not matched by private sector job creation.

Youth unemployment is likely to have reached one million 16-24 year olds

Youth unemployment set to breach one million

Unemployment amongst 16-24 year-olds is likely to rise to above one million when the Office for National Statisticsannounces October's unemployment figures tomorrow.

Many more people will be out of work than the government has predicted, according to the CIPD

Public sector job losses higher than forecast - CIPD

Public sector spending cuts are resulting in the loss of many more jobs than predicted by the government, the Chartered Institute of Personal and Development has warned.

The jobless total increased to 2.51 million, according to the ONS

Unemployment rises to 2.51 million in August, says ONS

Unemployment rose by 20,000 to pass 2.5 million in the three months to the end of August, according to the latest employment data released by the Office for National Statistics today.