High street horror as 10,000 people face axe 24 hours after "jobs jobs jobs" Budget - News Summed Up

High street horror as 10,000 people face axe 24 hours after "jobs jobs jobs" Budget


Sunak's £30billion pledge to save the high street included 50% off discounts for diners and a VAT cut, but the Treasury snubbed a £500 voucher 'lifeline' for the shopping industry. (Image: Getty)High street pharmacy chain Boots added to the jobs bloodbath with plans to cull 4,000 roles - 7% of its workforce - in the coming months. That's all despite Chancellor Rishi Sunak unveiling a "jobs, jobs, jobs" budget on Wednesday, promising to save millions of workers at risk of redundancy. But experts warned the Chancellor's decision to ignore the high street will have a devastating impact on how the economy recovers from the pandemic. "After Rishi Sunak's announcement of the mini-budget yesterday, it's evident that he may have forgotten high street stores altogether.


Source: Daily Mirror July 09, 2020 13:40 UTC



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