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High street to lose further 5,000 jobs in blow to economy

Britain's high street faces more than 5,000 job cuts after two of its biggest names said that customers were unlikely to return to their old shopping habits after the coronavirus crisis, in the latest blow to the country's ailing economy.

Health and beauty chain Boots and department store John Lewis on Thursday joined other retailers in warning that they had to close stores to survive after customers moved online and remained wary of returning to town centres.


Boots, owned by Walgreens Boots Alliance, announced 4,000 cuts in a blow to Chancellor Rishi Sunak, who announced his latest plan to save jobs on Wednesday, while John Lewis said it could lose 1,300.

Thousands of job losses have already been announced by the menswear shop TM Lewin, department stores Harrods and Debenhams, fashion stores Oasis, Warehouse, and Arcadia, and the DIY outfit Travis Perkins since the coronavirus outbreak.

John Lewis, known as middle England's favourite department store, said it proposed to close eight stores as online would make up to 70 per cent of sales this year and next, from 40 per cent pre-crisis.

"We believe closures are necessary to help us secure the sustainability of the Partnership," said Sharon White, chairman of the John Lewis Partnership.

A spokesman for British Prime Minister Boris Johnson said the government stood ready to help after Boots also said it had decided to close 48 optician stores after its UK shopper numbers plunged 85 per cent in April at the height of the lockdown.

The world's sixth-biggest economy shrank by 25 per cent in March and April and could be heading for its biggest fall in 300 years in 2020, with an unemployment rate on course to more than double to about 10 per cent, according to official projections.

That fear of what could lie ahead has put an intolerable strain on retailers, already battling high rents, business rate taxes, tight margins and a rapid shift online.

Since the outbreak, many have failed to pay their rent, in turn hitting commercial property owners such as Intu which has called in administrators due to high debts.

Julie Palmer, partner and restructuring expert at Begbies Traynor, said many businesses would implement drastic change.

"Investment will be poured into parts of the business that are strengthening and pulled from areas that are unsuitable for these modern ways of trading," she said.

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Leerdammer launches ‘Talk It Out’ initiative in support of YoungMinds charity

Leerdammer launches ‘Talk It Out’ initiative in support of YoungMinds charity

Natural cheese slice brand Leerdammer has launched a new initiative, "Talk It Out", in support of YoungMinds. The new mental health programme will use comedy to help parents and young people to get talking and have better conversations about mental wellbeing.

Research shows that three-quarters (76 per cent) of parents said their children’s mental health had deteriorated while waiting for support from Child and Adolescent Mental Health Services (CAMHS).

To launch Talk It Out, award-winning Bristol born comedian Stuart Goldsmith performed a one-off special stand-up gig at the Bristol Grammar School on 13 January. Encouraging students and parents to tackle talking about mental wellbeing through humour, attendees were also signposted to the expert support, advice and guidance that YoungMinds offers.

Lactalis UK & Ireland hope to roll the initiative out across the UK later in the year, to reach and support even more families in need.

“We have developed an initiative that we hope will really have a positive impact on young people’s mental health but also, importantly, raise awareness of YoungMinds so they can guide parents and their children towards accessing better mental health care," said Heloise Le Norcy-Trott, Group Marketing Director at Lactalis UK & Ireland.

"Leerdammer is an uplifting and comedic brand, so we were motivated to tap into our unique personality with a partnership that would really make a difference among local communities. It’s clear that talking about mental health can be hard, but humour is a great way of initiating a conversation about difficult subjects which are often avoided by families. We hope by using Leedammer to support YoungMinds – and by bringing comedians in to speak to the students – they and their parents will see how essential it is to start these conversations and realise there is support out there available to them.

“We are piloting the idea this month, then aiming to roll this out across the UK later in the year so we can reach and support even more families in need. We are always looking at ways to strengthen our positive impact across the UK and are grateful to Stuart Goldsmith for taking time to help spread the word.”

Vernon Samuels, Parent Engagement Officer at YoungMinds said: “We are delighted that Leerdammer is bringing attention to YoungMinds services in this way and helping to open up the conversation about children and young people’s mental health through “Talk it Out”. Our Parent Engagement Officer in Bristol will be providing community outreach and parent / carer engagement sessions to create a safe space for parents to get peer support, and this initiative will help us reach more people who need YoungMinds’ support.”

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