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Record-high redundancies spark calls for urgent jobs funding
Economists warn the worst is yet to come

REDUNDANCIES in Britain hit a record high in the three-month period to September this year, new figures revealed today.

Around 314,000 redundancies were registered between July and September — higher than any other point on record, including the financial crisis of 2008 and its aftermath — which is an increase of 181,000 redundancies to the previous quarter, according to the Office for National Statistics (ONS).

Since the pandemic struck in March, around 782,000 people have been made redundant, according to the ONS.

Labour shadow work and pensions secretary Jonathan Reynolds said that the government was to blame for the jobs crisis due to ministers’ “last-minute changes and bluster.”

He called for Chancellor Rishi Sunak to help “get Britain back to work,” including through “a green recovery” which could potentially create “hundreds of thousands of low-carbon jobs.”

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