Furlough numbers declined by 590,000 last month, yet the government continues to support 1.9 million jobs. With the next level of the scheme's support being withdrawn this weekend, the decline in earnings being insured by the scheme became apparent.
A digital dairy project aimed at creating 600 new jobs in southwest Scotland and Cumbria has received more than £21 million in funding. For a region that produces nearly 2 billion liters of milk each year, the digital dairy value chain is expected to generate 60 million pounds of additional revenue per year.
Tees Valley Mayor Ben Houchen welcomed the ambitious plan to develop a new multi-million pound net-zero power plant in the area, which will support more than 2,000 jobs during the construction phase alone.
Home Bargains plans to open a new store worth £1 million in Essex, which will create 66 new jobs. This very popular retailer has invested approximately £1 million in the new store, joining more than 500 stores in the UK.
When G7 Foreign and Development Ministers meet in London this week they will discuss investing $15 billion in developing countries in the next two years. This development fund will help women access jobs and build resilient businesses to combat the devastating economic impacts of COVID-19.