Half of UK car makers among many with plans of cutting jobs in 6 months

More than half of UK manufacturers plan to permanently cut jobs in the next six months, with the automotive and aerospace sectors under particular pressure, according to a survey of 170 firms.

File photo used for representational purpose. (REUTERS)
File photo used for representational purpose.

Some 53% of employers are planning to make redundancies during that period, the highest proportion since the start of the coronavirus crisis, lobby group Make UK said in a statement Monday, citing a poll carried out through July 14. Almost one-third expect to cut up to 25% of posts, while 8% may eliminate half.

Make UK chief Stephen Phipson said the figures show Britain needs to provide a six-month extension to a state-funded furlough scheme set to expire at the end of October. He said the help should be offered specifically to carmakers and aerospace companies, which the industry group forecasts will suffer most.

Also check these Cars

Find more Cars
Mahindra Ekuv100 (HT Auto photo)
₹ 8.25 - 10 Lakhs* *Expected Price
View Details
Mahindra S204 (HT Auto photo)
₹ 12 Lakhs *Expected Price
View Details
Rolls-royce New Ghost (HT Auto photo)
₹ 6.95 - 7.95 Cr* *Expected Price
View Details
Mg 4 Ev (HT Auto photo)
₹ 30 - 32 Lakhs* *Expected Price
View Details
Kia Carnival 2023 (HT Auto photo)
₹ 35 - 39 Lakhs* *Expected Price
View Details
Kia Sorento (HT Auto photo)
₹ 25 - 30 Lakhs* *Expected Price
View Details

“In addition, government should consider measures similar to those introduced by competitors to boost demand in the aerospace and automotive industries," Phipson said. He cited French state aid worth 15 billion euros ($17.2 billion) to aerospace firms and 8 billion euros to automakers.

Chancellor of the Exchequer Rishi Sunak earlier this month announced a 30 billion-pound package which he said was designed to bolster employment, while ruling out an extension to the furlough program on the grounds that he didn’t want to give people false hope that their jobs would survive.

“The longer people are on furlough, the more likely it is that their skills will fade, and they will find it harder to get new opportunities," Sunak said July 8. “It is in no one’s long-term interests for the scheme to continue forever."

First Published Date: 20 Jul 2020, 15:06 PM IST
Shopping Bag Shop Now
74% OFF
Microfiber Car Cleaning Soft Brush Ideal as Mop Duster, Washing Brush with Long Handle, Dust Cleaner Car Wash Brush with Handle, Soft Brush Scratch Free, Cleaning Dashboard Curved Design - Grey
Rs. 389 Rs. 1,499
64% OFF
Antson Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable, Portable,Rechargeable Vacuum (2 in 1)
Rs. 699 Rs. 1,939
73% OFF
IDELLA Car Duster, Extendable Long Handle Microfiber Car Duster Exterior Scratch Free Car Cleaning Tool, Car Dust Brush for Truck, Pickup, SUV, RV, Motorcycle, Vehicles Cleaning,(Multicolor)
Rs. 239 Rs. 899
1% OFF
GOODAIR Clear Car Windshield Enhancer | Classic |12 Tablets
Rs. 295 Rs. 299

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
Powered by: Acko Logo
Please be noted that any information provided herein above will be received by Acko General Insurance Limited (“Acko”). By mentioning the above information, you agree to provide these details and information to Acko.
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.