July 20, 2020 / 12:43 PM / 16 days ago

UK government stands ready to support M&S workers, says PM's spokesman

FILE PHOTO: Marks and Spencer, Hempstead Valley branch is pictured in Gillingham, Britain, June 1, 2020. Picture taken June 1, 2020. REUTERS/Dylan Martinez/File Photo

LONDON (Reuters) - Britain’s government is ready to support those workers who will lose their jobs at retailer Marks & Spencer (MKS.L), a spokesman for Prime Minister Boris Johnson said on Monday.

Marks & Spencer (MKS.L) plans to cut 950 jobs as part of a store management revamp, dealing a further blow to a sector ravaged by the COVID-19 crisis.

“We know that this will be worrying news for M&S employees and their families and we stand ready to support them. Affected employees will be able to access a wide-range of support including universal credit and the job seekers’ allowance,” the spokesman told reporters.

Reporting by Elizabeth Piper, editing by William James

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