Ministers have been accused of “sitting on the sidelines” as companies announce thousands of job losses, due to the coronavirus pandemic.

In recent days 12,000 redundancies have been announced, most of them in high street retail and aviation, sectors hit hardest by the lockdown.

SSP which owns the food chains Upper Crust and Cafe Ritazza says it may cut 5,000 jobs because of the sharp fall in passenger numbers at railway stations and airports.

The aerospace giant Airbus says it plans to cut 1,700 jobs in the UK as part of plans to close 15,000 posts globally.

The retailer John Lewis has said today that some of its stores will not reopen after lockdown. Top Shop, Harrods and the shirt maker TM Lewin have also announced job losses.

Boris Johnson has said that while the risk to jobs is “very, very serious”, the Treasury has protected the livelihoods of 11 million people.

Huw Edwards presents BBC News at Ten reporting by Business Editor Simon Jack, Sarah Corker and Political Editor Laura Kuenssberg.

Please subscribe HERE http://bit.ly/1rbfUog

Disclaimer:We do not allow users to post content which is copyright and We take strict actions against the users who post infringement content on our website.Although we do not host any content, users post embed videos from youtube, facebook, Dailymotion and Vimeo and are moderated before posting but we still take strict action against the copyright videos posted.If you are an official representative of any company whose videos are posted illegally on our website or you think some video infringe the copyright then you can simply send an email to info@thesuccess.pk