Second Covid wave hitting UK economic recovery, data shows
IHS Markit index shows growth is at its weakest since the recovery from lockdown began
The economic recovery from the first wave of the Covid-19 pandemic began to flatten out this month in the UK and threatened to reverse and trigger a double-dip recession in the eurozone after new restrictions to tackle the second wave squeezed business activity.
As the UK government moved to bolster its business support schemes, a closely watched survey of business activity showed private sector growth in the UK falling back as hospitality and transport companies struggled to cope with regional lockdown measures.
Marston's - 2,150 jobs
15 October: Marston's - the brewer which owns nearly 1,400 pubs, restaurants, cocktail bars and hotels across the UK - said it would cut 2,150 jobs due to fresh Covid restrictions. The company has more than 14,000 employees.