If the Bank’s central forecast is right, around a million people will find themselves out of work in the run up to Christmas.

Bank of England Governor says furlough scheme must end

Its nine-strong Monetary Policy Committee voted unanimously to hold rates.

Economic downturn 'less severe than feared', Bank of England says

The pub and restaurant sector is in a downturn, said chief executive John Hutson.

Wetherspoon to cut a third of head office staff, with up to 130 jobs at risk

Revenue was down by 57% in July, compared to the same month last year.

WH Smith to slash up to 1,500 jobs amid ‘slow’ Covid-19 recovery

The latest job losses follow thousands more which have been cut across the UK as businesses struggle to contend with the downturn caused by the coronavirus pandemic.

Currys PC World-owner Dixons Carphone to cut 800 jobs 

Owners John and Irene Hays said they are ‘devastated’.

Hays Travel to cut up to 878 jobs

Nando's, KFC, Starbucks and Wagamama are all taking part in the 'Eat Out to Help Out' government initiative. 

On all Monday's, Tuesday's, and Wednesday in August you will be able to get a 50% discount on food in restaurants, pubs and cafes.

How will the Eat Out to Help Out scheme work and who is taking part?

Tina Turner musical in London's West End (ITV News)

The figures - from union Bectu - also reveal that, on top of this, there are tens of thousands of more freelance theatre workers with little or no work.

Theatre job losses soar from 3,000 to 5,000 in a month, says union

The company is expected to appoint insolvency specialists on Monday after its income was wiped out by the protracted closure of stores and gyms during lockdown.

1,700 jobs at risk as DW Sports falls into administration

British Airways will operate the service between Newquay and Heathrow.

British Airways’ parent company IAG swung to a pre-tax loss of £3.8 billion in the first six months of the year.

British Airways owner IAG announces pre-tax loss of £3.8bn

On Thursday Lloyds reported a loss before tax of £602 million for the first six months of this year. 

Lloyds posts £602m loss amid economic outlook warning

There are less jobs available now than this time last year, new data has shown.

Across all sectors, there has been a quarterly decrease in jobs from April to June 2020, according to the Office for National Statistics.

Coronavirus: New job vacancies down 70% compared to same time last year

In the months ahead, Barclays now expects that up to £3.7 billion of the loans it has made won’t be repaid - around £2.4 billion due to the economic impact of coronavirus.

Barclays expects £3.7 billion of its loans not to be paid back

There was an 89% increase in need for emergency food in April 2020 compared to last year, with 107% rise in parcels given to children.

Food banks report ‘unprecedented demand’ during coronavirus crisis 

The employment market is a very competitive place at the moment, so it is important to stand out from the crowd.

Economy