John Lewis

John Lewis and Boots to cut 5,300 jobs

 Boots has said 4,000 jobs will go, while John Lewis is shutting down eight stores, putting 1,300 jobs at risk.

The moves come amid warnings that new economic support from Chancellor Rishi Sunak will not be enough to stop millions of workers losing their jobs.

Mr Sunak admitted that he would not be able to protect "every single job" as the UK enters a "severe recession".

Boots is consulting on plans to cut head office and store teams and shut 48 of its more than 600 Boots Opticians practices.