Firms planned record 800,000 redundancies last year

British employers made plans to cut 795,000 jobs last year, a record number, as Covid lockdowns took their toll on the economy.

More than 10,000 firms planned job cuts, however the pace of planned cuts slowed at the end of the year.

Graph showing the number of redundancies proposed by employers in each month of 2020 with 2019 figures for comparison.