Boots to cut 4,000 jobs as John Lewis to shut eight stores, putting 1,300 jobs at risk – business live
Grim day in UK retail as Boots announces plans to cut 4,000 jobs and John Lewis Partnership shuts eight stores
- Latest: Boots Opticians stores to close amid jobs cuts
- John Lewis won’t reopen eight stores
- MPs: It’s terrible news
- Birmingham, Watford, Croydon, Newbury, Swindon and Tamworth to permanently close
- Travel hubs at Heathrow and St Pancras won’t reopen either
You can read the details of the Boots job cuts here: Walgreens Boots Alliance Reports Fiscal 2020 Third Quarter Results
John Lewis’s announcement is here: EIGHT JOHN LEWIS SHOPS NOT TO REOPEN AS THE PARTNERSHIP PROGRESSES WITH MAJOR BUSINESS STRATEGY REVIEW
TUC policy adviser Alex Collinson says today’s jobs cuts show that Rishi Sunak’s £1,000 bonus for taking back furloughed workers is insufficient:
Boots, John Lewis, Rolls Royce and Burger King have all announced thousands of redundancies today.
The job retention bonus announced yesterday is insufficient. We need proper investment in a green economy, and a decent social safety net for those who do lose their job.
Related: Mass unemployment feared despite Rishi Sunak’s ‘plan for jobs’
Boots and John Lewis announcing thousands of job losses today. Places like London are deserted – shops, offices, stations etc empty. Public are scared and public transport dysfunctional. Govt must stop Project Fear or our cities will suffer permanent damage.
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