UK says 4.7 million jobs furloughed, cost climbs to 54 billion pounds
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Monday
June 27, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
MONDAY, JUNE 27, 2022
UK says 4.7 million jobs furloughed, cost climbs to 54 billion pounds

Global Economy

Reuters
25 February, 2021, 04:20 pm
Last modified: 25 February, 2021, 04:23 pm

Related News

  • US, Japan, Australia, New Zealand and United Kingdom form Pacific group
  • Boris Johnson under pressure after UK election defeats
  • UK PM Johnson's Conservatives lose two by-elections
  • UK sets out planned change to law to minimise impact of strikes
  • UK allocates over Tk5cr for emergency relief to flood victims in Bangladesh

UK says 4.7 million jobs furloughed, cost climbs to 54 billion pounds

Britain’s Office for National Statistics said separately that businesses reported they had furloughed 20% of their staff as of early February, and only 72% of firms were currently trading

Reuters
25 February, 2021, 04:20 pm
Last modified: 25 February, 2021, 04:23 pm
FILE PHOTO: Workers clean the pavement in Canary Wharf, following the outbreak of the coronavirus disease (Covid-19), London, Britain, May 27, 2020. REUTERS/Dylan Martinez
FILE PHOTO: Workers clean the pavement in Canary Wharf, following the outbreak of the coronavirus disease (Covid-19), London, Britain, May 27, 2020. REUTERS/Dylan Martinez

Britain's government said 4.7 million jobs were furloughed as of Jan. 31 after the country entered a third national Covid lockdown, taking the cost of the programme to 53.8 billion pounds ($76.2 billion) since the start of the pandemic.

Britain's Office for National Statistics said separately that businesses reported they had furloughed 20% of their staff as of early February, and only 72% of firms were currently trading.

Lending to businesses under three government-guaranteed schemes rose to 72.93 billion pounds as of Feb. 21 from 70.72 billion pounds a month earlier, Britain's finance ministry said.

World+Biz

UK

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Padma Bridge: Photo: Mumit M/TBS
    Sleepy south stirs to new possibilities
  • Photo: Collected
    2 motorcyclists killed in first accident on Padma Bridge
  • Photo: TBS
    Motorcycles banned on Padma Bridge 

MOST VIEWED

  • European Commission President Ursula von der Leyen attends the official welcome to the G7 leaders summit at Bavaria's Schloss Elmau castle, near Garmisch-Partenkirchen, Germany on 26 2022. Photo: Reuters
    Europe must give developing nations alternative to Chinese funds, von der Leyen says
  • US President Joe Biden attends a working lunch with other G7 leaders to discuss shaping the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany, June 26, 2022. Photo: Reuters
    US aims to raise $200 bln as part of G7 rival to China's Belt and Road
  • FILE PHOTO: British Prime Minister Boris Johnson leaves 10 Downing Street to take questions in parliament, in London, Britain June 15, 2022. REUTERS/Peter Nicholls
    Boris Johnson wants G7 to balance values with doing business with China
  • Italy's Prime Minister Mario Draghi, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, German Chancellor Olaf Scholz, US President Joe Biden, Japan's Prime Minister Fumio Kishida and British Prime Minister Boris Johnson line up for a family photo at Schloss Elmau castle, during the G7 leaders summit near Garmisch-Partenkirchen, Germany, June 26, 2022. Photo: Reuters
    G7 nations are worried about global economic crisis, Scholz says
  • Garment workers cut fabric to make shirts at a textile factory of Texport Industries in Hindupur town in the southern state of Andhra Pradesh, India, February 9, 2022. Picture taken February 9, 2022. REUTERS/Samuel Rajkumar
    ​India will become $30 trillion economy 'very soon': Commerce minister
  • Plastic letters arranged to read "Inflation" are placed on U.S. Dollar banknote in this illustration taken on 12 June 2022. Reuters Illustration
    Banking body urges decisive wave of global rate hikes to stem inflation

Related News

  • US, Japan, Australia, New Zealand and United Kingdom form Pacific group
  • Boris Johnson under pressure after UK election defeats
  • UK PM Johnson's Conservatives lose two by-elections
  • UK sets out planned change to law to minimise impact of strikes
  • UK allocates over Tk5cr for emergency relief to flood victims in Bangladesh

Features

Photo: Noor A Alam

The reign of oversized pantsuits

14h | Mode
Photo: TBS

A dream dreamt and then delivered

1d | Panorama
In pictures: 2022 Dhaka Motor Show

In pictures: 2022 Dhaka Motor Show

1d | Wheels
Our team full of hope and mettle, before we entered the disaster zone. PHOTO: SWAMIM AHMED

How we survived 4 days in Sunamganj flood

2d | Panorama

More Videos from TBS

Jalamije becomes Georgian citizen to play Wimbledon

Jalamije becomes Georgian citizen to play Wimbledon

4h | Videos
Sievierodonetsk falls to Russia

Sievierodonetsk falls to Russia

7h | Videos
'Anondolok' is a fun field of dance,music and culture

'Anondolok' is a fun field of dance,music and culture

9h | Videos
Learn all about sports in Khelbei Bangladesh

Learn all about sports in Khelbei Bangladesh

13h | Videos

Most Read

1
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

2
Photo: Prime Minister's Office
Bangladesh

New investment in transports as Padma Bridge set to open

3
Japan cancels financing Matarbari coal project phase 2
Bangladesh

Japan cancels financing Matarbari coal project phase 2

4
Desco wanted to make a bold statement with their new head office building, a physical entity that would be a corporate icon. Photo: Courtesy
Habitat

Desco head office: When commitment to community and environment inspires architecture

5
Photo: TBS
Infrastructure

Gains from Padma Bridge to cross $10b, hope experts

6
20 businesses get nod for $326m foreign loan for expansion
Economy

20 businesses get nod for $326m foreign loan for expansion

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
Five aircraft of the Bangladesh Air Force performing in an airshow on Saturday. PHOTO: ISPR

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net