1,000 jobs at risk when furlough ends

Holiday camp operator Butlin’s has yet to tell 1,000 furloughed workers what their future is when the government’s wage subsidy scheme ends next month.

A document sent to staff and seen by the BBC suggests employees either take paid holiday if they have any remaining or unpaid leave if not.

Butlin’s is currently operating at 50% capacity and is heading into the winter months when income falls significantly.

It said no decision had been made about workers on the government scheme.

The company said: “Since we reopened Butlin’s we’ve worked hard to bring back as many of our team as possible whilst ensuring we’re safe and secure.

“There has been no decision made regarding our team who are still furloughed.”

Butlin’s – whose workers are known for their distinctive red jackets – has 6,000 employees in total. It is part of the privately-owned Bourne Leisure Group which also operates Haven

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Lethbridge food banks prepare for uptick in demand as some government funding ends or changes



a store filled with lots of food: The Interfaith Food Bank in Lethbridge, Alta. is preparing for an increase in clients as government funding ends or changes in the coming months


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The Interfaith Food Bank in Lethbridge, Alta. is preparing for an increase in clients as government funding ends or changes in the coming months

Food banks in Lethbridge have been working hard to navigate what kind of demand they may see as a result of the COVID-19 pandemic.

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“We’ve been very lucky [that] our numbers have not been as high as we expected, mostly because people have been fortunate enough to be on government supports,” said Danielle McIntyre, the executive director at Interfaith Food Bank.

Read more: What we know so far about the CERB to EI transition

She said that as some of that provincial and federal aid starts to end or change, food banks are preparing for an increase in clients.

“We are now finally starting to see our numbers tick up, a lot of them because people have expended their time on

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Stocks book fresh round of records, Dow ends 1.5% shy of all-time high, on hopes of COVID treatments, cures

MARKET SNAPSHOT



a man standing in front of a building: The


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U.S. equity benchmark indexes closed in record territory Wednesday, as investors drew hope from progress in the development of tests and vaccines for COVID-19.

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Investors largely ignored a mixed batch of economic reports, including a private-sector jobs reading that came in weaker than expected, suggesting only a slow recovery from the coronavirus pandemic.

How did the benchmarks perform?

The Dow Jones Industrial Average (DJIA)surged 454.84 points, or 1.6%, ending at 29,100.50, or 1.5% away from its Feb. 12 closing high of 29,551.42. The S&P 500 index (SPX) climbed 54.19 points, or 1.5%, to settle at a record 3,580.84, its 22nd record close this year. The Nasdaq Composite Index (COMP) advanced 116.78 points to close at a record 12,056.44, a gain of 1%, and its 43rd record close of the year.

On Tuesday, the Dow rose 215.61 points to end at 28,645.66, or

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Nasdaq ends higher while S&P 500 posts biggest August gain since 1986

NEW YORK (Reuters) – While the S&P boasted its steepest August percentage gain in more than three decades it ended Monday slightly lower and the Dow also lost ground as investors took a pause although the Nasdaq closed higher thanks to high-flying stocks including Apple Inc.

The Federal Reserve’s commitment to tolerate inflation and keep interest rates low, positive developments in vaccines and treatments for COVID-19 and a rally in tech-focused stocks have helped the S&P 500 and Nasdaq hit record highs in August.

But while states such as New Jersey continued to ease restrictions on Monday, investors noted that across the United States, total coronavirus cases topped 6 million on Sunday as many states in the Midwest reported increasing infections, according to a Reuters tally.

“It’s a momentum trade. People are flooding to the technology companies they think will do well regardless of the pandemic,” said Chris Zaccarelli, chief

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