Sainsbury’s in Newport will close its in-store café shortly as the supermarket giant looks to make massive cuts, in direct response to Labour’s forthcoming Budget.
The chain is set to fork out an additional £140million as a result of Budget changes due to come into force in April, including to National Insurance and National Minimum Wage.
As a result, it has been announced today (Thursday) that 3,000 jobs will be culled nationwide and all of the remaining 61 in-store cafés will be closed.
Furthermore, Sainsbury’s has confirmed that all of its hot food, patisserie and pizza counters will also be shut down.
Simon Roberts, Sainsbury’s CEO, has said:
“As we accelerate into year two and beyond of our strategy, we are facing into a particularly challenging cost environment which means we have had to make tough choices about where we can afford to invest and where we need to do things differently to make our business more efficient and effective.
“The decisions we are announcing today are essential to ensure we continue to drive forward our momentum but have also meant some difficult choices impacting our dedicated colleagues in a number of parts of our business.
“We’ll be doing everything we can to support anyone impacted by today’s announcements.”
Article continues below this advertisement
Today’s news is another blow for the Isle of Wight and comes just weeks after Island Echo reported 300 jobs are to be lost at Vestas, that Wyld in Newport had closed with immediate effect and that Snows Isle of Wight is to close on 5th February due to economic circumstances.
Just last week Kingswood in Bembridge closed its doors with immediate effect as a result of its parent company, Inspiring Learning Group, being placed into administration. Yesterday, Hovertravel confirmed that it was cutting its winter and summer timetables in response to economic challenges, with around 17 employees made redundant.
Because a billion pounds in profit (that’s after wages and costs, don’t forget) clearly isn’t enough. Just how much can a few rich men actually eat? This constant quest for more and more and then more wealth is utterly obscene. Pretty soon ordinary people will be jostling for a position under their tables waiting for a few crumbs to fall. Oh hang on, that’s basically what we’re doing already.
This is just the start folks, wait until Labour’s
budget really kicks in, there will be many more
job losses.
Where will the new jobs come from??!
Then when Labour cuts persons benefits
the country will be doomed.
Well done ceramic bobhead reeves from accounts..and the utterly shit labour..and to all the twats that voted these wankers in..
Labour is destroying this country, 3000 more out of work from one company, thousands of hotel workers jobs gone due to housing illegal immigrants in hotels
I read in the Telegraph today that 1 in 12 Londoners are
Illegal immigrants.
The country is not the country it use to be!
Terrible shame for the employees who will lose their jobs. Getting another job on the island will be very difficult.
Amazing how the caring Labour government can still proclaim that their budget tax increases won’t affect the working person.
I suppose technically if you have been thrown out of a job then their statement is true, you ain’t working no more..
Even if the employees who have lost their jobs
try and get work on the mainland it will be
difficult for them, because jobs on the island
are scarce, so many businesses are wrapping up.
Sainsbury’s are shutting down all the store cafes
countrywide.
Shame about the staff. Though not suprised all that footage of space is such a waste . It used to be a busy cafe, but the last few times when i have been there it was nearly empty and the food is basically average.
Labour didn’t create this, capitalism did. Capitalism and its dictates of maximum profit, minimum taxation, created a massive shortfall in revenue for the services necessary to sustain our lives. And so, more taxation by way of increased employer NI contributions was necessary because of rampant capitalism’s mis-mangement and lack of social conscience. Any of their spare money goes into lobby governments for yet more subsidies…which equal profit. Still not cottoning on? Look around the world…different governments yet it’s still the same.
Sweden, Norway, Finland…..
Because they tax accordingly, and ordinary people don’t mind because they have enough to live on. Because they have relatively little poverty the tax burden is not as great across all economic populations. Although…they are catching on to capitalism and inequality is rising.
Yes, all the fault of capitalism, obviously.
If capitalism is so bad, how about making a list of all the successful communist countries?
It would be an incredibly short list. Zero, in fact.
Oh, and please don’t say China. ‘There are 814 billionaires in China, making it the country with the most billionaires globally’
Oh well
All those people who voted Labour have supported its financial plan, which is to destroy commerce and business. The fact that ‘ordinary’ people lose their jobs and livelihoods doesn’t matter. They will now be dependent upon Benefits and under the control of Labour; simple really!
My concern is where I can get a cup of coffee now! I hope someone will open a new coffee shop in Newport to replace the one we’re losing. I can’t stand the thought of having to go without.