Economics

About 2.6 Million U.K. Workers Expect to Be Fired Soon

  • Resolution Foundation suggests long-lasting damage from Covid
  • Separate BCC survey finds 25% of firms planning redundancies
Photographer: Jason Alden/Bloomberg
Lock
This article is for subscribers only.

About 2.6 million people in the U.K., or 8% of workers, expect to lose their jobs in the next three months, according to a survey that suggests long-lasting damage to the economy from the coronavirus.

The figures include people who have already been told that they will be made redundant, with young people and the lowest earners at greatest risk, the Resolution Foundation said Wednesday.