Economics

Job Cuts Not Planned by Most U.K. Firms as Furlough Ends

Commuters As Half of London Companies Plan for Home-Working Five Days a Week — Photographer: Hollie Adams/Bloomberg

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By Eamon Farhat

July 8, 2021 at 10:59 AM UTC

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Eight in 10 U.K. companies do not expect to make redundancies in the next three months, an indication the labor market could avoid a severe shock as government job support is wound down.