According to the latest Office for National Statistics, only 292 British businesses made plans to cut jobs in January.
More than 120,000 jobs for 16 to 24-year-olds have now been created through the government’s flagship Kickstart Scheme, as ministers urge more employers to get involved.
Such enormous pay packets will raise concerns over whether leading companies are distributing pay fairly.
In 2020 almost 30,000 job losses were recorded across hotels, restaurants and various other dining businesses in 2020. According to recent figures the UK has seen a whopping 163% growth in job cuts across the industry.