UK vacancies halve and pay falls as Covid-19 lockdown hits economy – business live | Business

UK vacancies halve and pay falls as Covid-19 lockdown hits economy – business live | Business


The decision comes just four months after Ovo bought SSE’s retail division for £500m, instantly increasing its customer base from 1.5m to 5m homes.

Announcing the cuts on Tuesday, Ovo said the Covid-19 pandemic had accelerated a shift in customer behaviour, with more people going online, which had permanently reduced the need for some functions and roles.

The job losses will affect gas engineers, electricians, meter readers, and call centre staff and the company will close its offices in Glasgow’s Waterloo Street, Selkirk and Reading. Jobs are also expected to go at offices in Perth, Cumbernauld and Cardiff.

The GMB union accused Ovo of betrayal, saying it had promised that there would be no job losses after the takeover of SSE’s retail business.



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