UK redundancies hit record before second Covid lockdown

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Job furlough scheme fails to stop 314,000 people losing job in three months to September

The government’s furlough scheme and a recovering economy failed to prevent record redundancies in the period before tougher lockdown restrictions were imposed, according to the latest official data.

Figures from the Office for National Statistics showed that a record 314,000 people lost their job in the three months to September – a period that saw the Treasury’s wage subsidy scheme become less generous.

Related: UK unemployment rate jumps to 4.8% as redundancies hit record high – business live

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