How mounting job cuts could threaten UK's economic recovery
by Julia Kollewe from on (#14BMF)
Tens of thousands of workers are being laid off in key sectors, prompting fears of a ripple effect through the British economy
Major UK-based companies have announced tens of thousands of job losses that are expected to ripple through the economy in the coming months, casting a shadow over Britain's recovery.
Affecting vast areas of the UK economy - from factories to the high street, banking, media and energy - the job losses announced in the past fortnight coincided with another wave of panic selling on stock markets and fears of a further global recession.
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