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Pandemic High Street: How buy-up of firms during lockdown has cost 40,000 staff their jobs

High street firms bought up by private equity tycoons have axed almost 40,000 staff in the pandemic, the Mail can reveal today.
The jobs bloodbath is responsible for a third of all shop, pub and restaurant redundancies reported by big companies.
Low-paid workers bore the brunt of the cuts as private equity’s aggressive business model creaked or failed. The investors themselves emerged relatively unscathed.
The Mail audit found that 26 of the 67 large high street operators to announce job losses in the pandemic are either in private equity hands, or have been.
They have shed 37,609 jobs since March 2020, out of a total of 109,783 lost. Almost 23,000 jobs went at Debenhams and Boots, which were previously in private equity ownership. ....

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Eco warriors fly into rage as Heathrow runway gets go-ahead

Green campaigners last night vowed to keep fighting a third runway at Heathrow after it was dramatically cleared for take-off.
They claimed that the £14billion project may never see the light of day despite the Supreme Court overturning an earlier judgment against it.
Friends of the Earth pledged to ‘fight it all the way’ while environmental group Plan B said the verdict did not mean Heathrow expansion ‘now has the green light’.
The future of the two-mile runway – scheduled to open in 2030 – was thrown into doubt in February when the Court of Appeal declared it unlawful on environmental grounds.
Friends of the Earth pledged to ‘fight it all the way’ while environmental group Plan B said the verdict did not mean Heathrow expansion ‘now has the green light’. Pictured, a campaigner is detained by police officers outside the Supreme Court in London ....

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