Home / News / Layoffs rise at fastest rate EVER in UK – as coronavirus slams economy

Layoffs rise at fastest rate EVER in UK – as coronavirus slams economy

The fine balance between health and the economy is the key issue at the heart of government at this time. (Subscribe:

And another stark reminder was served up today with the latest jobs figures showing the total of those out of work continues to grow.

And as unemployment rises in the UK, the IMF is warning about the hit to living standards worldwide.

Our Economics Correspondent Helia Ebrahimi has the details.
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40 comments

  1. Avatar

    All orchastrated and the media is part of it

  2. Avatar

    The UK's unemployment rate could rise to 40% in case of a second lockdown. And it's impossible to get rid of the virus without a six-month nationwide shutdown.

  3. Avatar
    Unworthy Servant of God JESUS CHRIST

    Open your hearts to the one true living God JESUS CHRIST YOU WILL HAVE EVERLASTING LIFE.
    God Jesus Christ is Coming back soon. Accept him dear friends and get saved.
    Romans 10:13
    For “Everyone who calls on the name of the LORD will be saved.”
    John 14:14
    YESHUA:- You may ask me for anything in my name, and I will do it.
    :::::

  4. Avatar
    Unworthy Servant of God JESUS CHRIST

    Open your hearts to the one true living God JESUS CHRIST YOU WILL HAVE EVERLASTING LIFE.
    God Jesus Christ is Coming back soon. Accept him dear friends and get saved.
    Romans 10:13
    For “Everyone who calls on the name of the LORD will be saved.”
    John 14:14
    YESHUA:- You may ask me for anything in my name, and I will do it.
    :::::

  5. Avatar

    And BREXIT yet to come…..

  6. Avatar

    And the public taxes could be used to help.

  7. Avatar

    A great way for the people that are sat at home to create a passive income during this terrible period is to learn about selling items and services online, through drop shipping, consulting, blogs, vlogs, and more things, etc. We do not know how long this thing will last, but if you have the time at home to learn new skills, then why not take the chance to do it. I have many videos that can help you right now to learn these skills. I feel for you all, and I hope that I can create content for you, to help you earn some money.

  8. Avatar

    Thanks Boris for the Inaction.

  9. Avatar

    This is terrible, stop the lock Downs

  10. Avatar

    Boris the animal

  11. Avatar

    Well you voted an idiot into power on one issue. What did you think would happen?

  12. Avatar

    Brexit!!!!!!!!

  13. Avatar

    Where did the £192bn go? …Into the pockets of Tory donors and supporters? …To Tim Martin and Serco?

  14. Avatar

    In Germany everybody i working as normal and schools are all open people just wear face masks and carry on why cannot the UK just carry on as normal but stay ae and just be careful

  15. Avatar

    A lockdown will decimate the economy, along with people's livelihoods, and the virus will simply spread at a slower rate, ultimately killing more people long-term.

  16. Avatar

    Oh well never mind could be worse

  17. Avatar

    If we would all just accept socialism the powers that be would end the "pandemic" tomorrow.

  18. Avatar

    Would you rather die from Corona or poverty…I know it sounds harsh but what will the average person do. Will be chaos on the streets

  19. Avatar
    Nyarlathotep the Crawling Chaos

    Colonialist karma

  20. Avatar

    COVID19 is going to hurt but just wait and see (COVID19+no deal Brexit). You've seen nothing yet.

  21. Avatar

    Is this news really? Did we not know this will happen when we went on lockdown? Did they not know this will be the consequence of the lockdown? Come on, you’re wasting your time reporting on something that is so obvious and planned. How else can they “reset” the economy but by destroying it. On the other hand all what we need to do now is to open up everything and go back to normal, it’ll be hard but we can do it!

  22. Avatar

    The Gov. needs to EMERGENCY NATIONALISE the Utilities Industry, people won't be able to pay their bills and will literally freeze by the tens of thousands this Winter otherwise. This Winter in UK is predicted to be a particularly bad one too.
    SANCTO CLARO.

  23. Avatar
    stitch weekend rush defection

    The big economic virus .. in every country … War is coming

  24. Avatar

    If there is any bright spot, it is the possibility that this will help rebalance the economy away from the service sector. If your economy is based on selling expensive imports to each other, then a pandemic will hit hard. The UK has become a nation of consumers, this must change to a nation of producers.

  25. Avatar

    This is your daily dose of propaganda

  26. Avatar

    Legalise cannabis NOW!!!!!!!!!!!!!

  27. Avatar
    christian janssen

    And dont forget "no deal brexit" in january… i dont envy you. Good luck from germany.

  28. Avatar

    Fred Trump has posthumously adopted some Boris, who thinks and acts like some Donald now? 🤣🤣🤣 Since when though? Late January? Or, 1 Oct 2020?

  29. Avatar

    WHOO FU#K THE UK……..

  30. Avatar

    Correction. It's not "coronavirus slams economy". It's "lockdowns and restrictions slam economy". Big difference and totally avoidable.

  31. Avatar

    And here comes the brexit nail in the coffin .. Go GB :-/

  32. Avatar

    Covid has DESTROYED the economy of the world way worse than those bankers did!

  33. Avatar
    Socrates ExplainsEverything

    Feels like a Johnathan Pie episode…

  34. Avatar

    The IGNORANCE of the AUTHORITIES and the posturing of the MEDICAL DRAMA QUEENS would amaze a NEANDERTHAL, let alone an audience with a degree of understanding of the MECHANICS of EVOLUTION. Inasmuch that the MORE people carrying the Virus the more CERTAIN HERD-IMMUNITY becomes. You can play all the infantile lockdowns games you like, but you cannot buck the natural order of strengthening the immune system by the aforesaid, HERD IMMUNITY which guarantees MANKIND'S SURVIVAL as history has consistently demonstrated. Of course, protect the elderly and vulnerable all you can .. But that's it..! Vaccines will, by-the-by, WEAKEN YOUR IMMUNE SYSTEM and increase your dependency on Big Pharma's cocktail of chemicals, and thus you will be owned from CRADLE TO GRAVE..!

  35. Avatar

    Cancelling Brexit would be a good idea about now.

  36. Avatar

    The far left and left in general welcome a lockdown. Coronavirus is being used by politicians and media alike to further they’re ambitions.

  37. Avatar

    Coronavirus didn't do this the government did.

  38. Avatar
    Earl Bramley-Howard

    Cost $28Trillion globally eh?
    Wasn't that the same amount of money sitting in offshore bank accounts, filtched off by tax dodgers?

  39. Avatar

    Times there was an open debate on the covid flu shenanigans where questions could be asked from both sides and from the public to try and get to the bottom of the hidden agendas etc!?—I wrote this in April to politicians/media etc—NO REPLY!!! CORONAVIRIS SHENANIGANS DEBATE 1. Experiments with viruses (which countries do) which has went wrong maybe by accident or deliberate!? 2. A bad bat from China!?!?!? 3. A bad flu that has taken every body by surprise and it would make the masses question the spending on flu shots that drug companies/doctors make billions out of and would the money not be better put into health facilities–beds/nurses/doctors/ICU etc!?!? Add on the evil perfidious act of sending elderly from hospital to care homes and death and NHS went along with that!?!?!? Hippocratic Oath!?!?!? Exercise Cygnus may answer a lot!?!?

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