Thousands of jobs could be lost in London unless business rates holiday extended, Sadiq Khan warns



Sadiq Khan wearing a suit and tie: (Getty Images)


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Sadiq Khan is urging the Government to extend the business rates holiday for another year over fears thousands of jobs could be lost in London and across the country.

After the coronavirus pandemic hit the UK, business rates for retail, hospitality and leisure businesses in England were halted until the new financial year starts in April.

In a joint submission to the Government’s business rates review, the mayor of London has joined with councils in the capital to call for an extension to 2021/22.

Raising concerns that thousands of jobs could be lost, the mayor’s office said this would provide support to businesses who have suffered a drop in footfall due to the coronavirus crisis.

“Businesses across London continue to struggle from the impact of Covid-19,” Mr Khan said.

“If the business rates holiday comes to an end, I worry any employers will

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Australia Unemployment Drops as Half of Jobs Lost Recovered

(Bloomberg) — Australian unemployment unexpectedly fell as fiscal and monetary stimulus helped the labor market withstand Victoria’s renewed lockdown, with more than half of the jobs lost from the pandemic now recovered.

The jobless rate dropped to 6.8% in August from 7.5% a month earlier versus a median estimate of an increase to 7.7%, data from the statistics bureau showed Thursday in Sydney. Employment surged by 111,000 in August, with all states and territories outside of Victoria gaining, and completely wrong-footing analyst estimates of 35,000 drop.

The data’s strength was surprising because the period spanned Melbourne’s shift to Stage 4 restrictions and a curfew to contain a rapidly spreading outbreak, as well as nervousness in neighboring New South Wales that it was headed down the same path. The labor market’s ability to absorb this weakness and maintain its recovery is testament to the government’s signature JobKeeper employment subsidy — that

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Around 695,000 UK jobs lost in first five months of pandemic



a green sign hanging off the side of a building: Unemployment rates have been impacted by the coronavirus pandemic (Philip Toscano/PA)


© Philip Toscano
Unemployment rates have been impacted by the coronavirus pandemic (Philip Toscano/PA)

Around 695,000 UK workers have been removed from the payrolls of British companies since March when the coronavirus lockdown began, according to official figures.

The Office for National Statistics (ONS) said the rate of unemployment increased as another 36,000 jobs fell off payrolls across the country.

Meanwhile, unemployment increased by 62,000 to 1.4 million for the three months to July.

It said the rate of unemployment therefore increased to 4.1%, in line with analyst expectations.

This was the first time the jobless rate has increased since the pandemic spread across the UK.

Companies have continued to announce redundancy programmes through the pandemic, with London City Airport the latest to reveal cuts as it announced 239 jobs losses on Monday.



a close up of a map: (PA Graphics)


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(PA Graphics)

The ONS said the increase in unemployment has particularly impacted

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The Modi government says it has no data on migrant jobs lost to Covid-19

The Indian government has denied having any data that can clearly say how many migrant workers lost their jobs to the pandemic.

Three members of parliament asked India’s labour and employment ministry today (Sept. 14) “whether the government has done any assessment of the job loss among migrant workers due to the Covid-19 crisis, and if so, the details thereof.” To this, Santosh Gangwar, minister of state for the labour and employment, responded that the government maintains “no such data.”

This response (pdf) on the first day of the much-delayed monsoon session of parliament comes in the backdrop of widespread job loss, especially among India’s internal migrants. According to a World Bank report in April, India’s coronavirus lockdown impacted nearly 40 million migrant jobs in India. This was particularly exacerbated when India went into an over two-month harsh lockdown on March 25, one of the strictest in the world.

India’s

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Another 695,000 people lost their jobs in the UK during lockdown

Around 695,000 UK workers have been removed from the payrolls of British companies since March when the coronavirus lockdown began, according to official figures.

The Office for National Statistics (ONS) said the rate of unemployment increased as another 36,000 jobs fell off payrolls across the country.

Meanwhile, unemployment increased by 104,000 to 1.4 million for the three months to July.

It said the rate of unemployment therefore increased to 4.1%, in line with analyst expectations.

ONS director of economic statistics Darren Morgan said: “Some effects of the pandemic on the labour market were beginning to unwind in July as parts of the economy reopened.

“Fewer workers were away on furlough and average hours rose.

“The number of job vacancies continued to recover into August, too.

“Nonetheless, with the number of employees on the payroll down again in August and both unemployment and redundancies sharply up in July, it is clear

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This Dubai salon is offering free haircuts to mums who’ve lost jobs due to the pandemic

Women have been disproportionately affected by job losses during the coronavirus pandemic, according to figures reported by the Washington Post, and the domestic burden has also hit women hardest, with global figures showing that mothers are more likely to take on the lion’s share of home schooling and childcare while working from home.

“The pandemic has created some very specific challenges that might otherwise not be present for women,” says Dr Rose Logan, clinical psychologist at The LightHouse Arabia.

Dr Logan has been running an online support groups for pregnant women and mothers and she says they have all been characterised by a theme of loss – whether it’s job loss, or loss of other choices and opportunities in their lives. “I think for some women this has precipitated or worsened mental health concerns. I would say loss is almost the overarching theme.”

Against this bleak backdrop, businesses in the

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Biden energy restrictions would mean 1M jobs lost, more foreign oil imports, trade group warns

Banning natural gas and oil development on public lands and waters would cost Americans approximately 1 million jobs by 2022 and force the U.S. to import significantly more foreign oil, a top oil and natural gas industry group claimed in a new analysis on Wednesday.

Democratic presidential nominee Joe Biden’s climate plan includes “banning new oil and gas permitting on public lands and waters” in favor of renewables like wind power.

RUSH LIMBAUGH LIKENS BIDEN REJECTING FRACKING BAN TO ‘ME TELLING YOU THAT I’VE NEVER BEEN A CONSERVATIVE’

Mike Sommers, the president and CEO of the American Petroleum Institute, said there is “far too much at stake” for a federal leasing ban.

“Banning federal leasing and development on federal lands and waters would derail decades of U.S. energy progress and return us to the days of relying on foreign energy sources hostile to American interests,” Sommers said in a statement.

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Skills lost due to COVID school closures will hit output for generations: OECD

FILE PHOTO: A child marches down Court St to protest the opening of schools following the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of New York City, New York, U.S., September 1, 2020. REUTERS/Carlo Allegri

PARIS (Reuters) – Disruption to schooling stemming from the COVID-19 epidemic will cause a skill loss that could result in a 1.5% drop in global economic output for the rest of this century, the Organisation for Economic Cooperation and Development estimated.

For the United States, that will represent an economic loss of $15.3 trillion, the OECD said in a report published on Tuesday, with the bill rising higher still if disruption to education extends into the next academic year.

“Learning loss will lead to skill loss, and the skills people have relate to their productivity,” the report said, explaining the forecast drop in global GDP.

Governments around the world closed schools to

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San Antonio launches program to help those who lost jobs because of coronavirus pandemic

As San Antonio Mayor Ron Nirenberg pushes for voter approval in November of a sales tax to fund the city’s post-pandemic economic recovery, the city’s first effort to help those who lost their jobs is getting off the ground.




© Marvin Pfeiffer, San Antonio Express-News / Staff Photographer

Wayne Poisson carries boxes of Iced Lemon Pound Cake to a waiting family while volunteering his time in the COVID-19 Response Campaign at the San Antonio Food Bank on Wednesday, July 29, 2020.


Residents hit hard by the pandemic can now apply for a $75 million job training program approved by the City Council earlier this year. The idea is that those who lost their jobs

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