News Stories Related To: Britain looks all set to enter Recession!
By: xtraspark 
The total number out of work has climbed to 1.825 million - the most since November 1997, according to figures released by the Office for National Statistics. The number of unemployed...
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- News Source: Times Online | about 1 year agoOn a grim day for British jobs, the struggling Royal Bank of Scotland said yesterday that it was preparing to make 1,000 redundancies while the global bank Citigroup began to hand out P45s in London. Yesterday’s latest spate of big cuts brings the...
- News Source: The Independent | about 1 year agoEurope's biggest economy - officially went into recession yesterday, and Italy followed today. But France narrowly avoided falling into recession after its economy unexpectedly grew by 0.1 per cent in the third quarter following a contraction in the...
- News Source: Miami Herald | about 1 year agoRoyal Bank of Scotland will cut around 3,000 jobs worldwide over the next several weeks, according to British media reports. RBS, which is raising as much as 20 billion pounds ($29.6 billion) from the British government to survive the financial...
- News Source: Times Online | about 1 year agoTaken in isolation, BT’s job cull is alarming. But factor in the 4,200 British jobs axed earlier this week by household names such as Virgin Media and GlaxoSmithKline, add the 1,000 job cuts announced by ITV, tot up redundancies at Vodafone and...
- News Source: Times Online | about 1 year agoBT said it was shedding a total of 10,000 jobs yesterday on another brutal day of British company cut-backs. Ian Livingston, the group’s chief executive, said that the cuts were necessary as he was preparing the group for a lengthy recession that...
- News Source: United Press International | about 1 year agoBritish telecommunications giant BT said it would cut 10,000 jobs by year's end in the wake of a sharp drop in pre-tax profits. For the first six months prior to Oct. 1, BT's pre-tax profits dropped 11 percent to $861.4 million, The Times of London...
- News Source: NewKerala | about 1 year agoThe news came after a string of similar job-cutting announcements by major British firms in the last fortnight, including Virgin Media, which shed 2,200 jobs, construction firm Taylor Wimpey and pharmaceutical giant GlaxoSmithKline. Figures released...
- News Source: Xtra News | about 1 year agoBritish telecoms operator BT Group said Thursday that it will cut 10,000 jobs by March 2009, mostly in Britain, despite unveiling an 18-percent jump in second-quarter net profit . BT, which warned last month about rising costs at its international...
- News Source: Uinta County News | about 1 year agoIn its half-year results, the company said that it has already cut 4,000 employees, while a further 6,000 will go between now and March. Consultants, contractors and offshore staff among the company's total workforce of 160,000 are to be worst hit by...
- News Source: Androscoggin News | about 1 year agoWorkers in their 30s and 40s are losing their jobs at a rate faster than any other age group. Some 1.83million Britons are on the dole queue, the highest level for 11 years, and another 1,200 are joining every day...Many will be parents with young...
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