{"id":34566,"date":"2019-11-29T12:01:06","date_gmt":"2019-11-29T12:01:06","guid":{"rendered":"http:\/\/thevoiceoflondon.co.uk\/?p=34566"},"modified":"2019-11-29T12:01:06","modified_gmt":"2019-11-29T12:01:06","slug":"npower-to-axe-4500-jobs","status":"publish","type":"post","link":"https:\/\/blog.westminster.ac.uk\/thevoiceoflondon\/npower-to-axe-4500-jobs\/","title":{"rendered":"Npower to axe 4,500 jobs"},"content":{"rendered":"<p><strong>Energy firm Npower have announced its plan to cut thousands of jobs in a bid to make the company more profitable, with all of its eight sites under threat of closure.<\/strong><\/p>\n<p>The jobs cuts come after 16 energy firms have already collapsed since last year, with Npower\u2019s parent company E.On reporting a \u00a32 billion loss in its first nine months of the year.<\/p>\n<p>The energy giant provides thousands of people across the UK with jobs, but is struggling with the pressures of the current UK market.<\/p>\n<ul>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/blockfriday-amazon-causes-outrage-across-europe\/\"><strong>#BlockFriday: Amazon causes outrage across Europe<\/strong><\/a><\/li>\n<li><strong><a href=\"http:\/\/thevoiceoflondon.co.uk\/22000-young-people-at-risk-of-being-homeless-at-christmas\/\">22,000 young people at risk of being homeless at Christmas<\/a><\/strong><\/li>\n<\/ul>\n<p>E.On UK chief executive Michael Lewis told the BBC: &#8220;The economics of the UK energy retail market has been made incredibly challenging by the price cap.\u201d<\/p>\n<p>The price cap was introduced by the UK government earlier this year.<\/p>\n<p><strong>Editor\u2019s Picks:<\/strong><\/p>\n<ul>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/london-bridge-shut-down-after-gunfire\/\">London Bridge shut down &#8220;after gunfire&#8221;\u00a0<\/a><\/li>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/the-brothers-of-grime\/\">The Brothers of Grime<\/a><\/li>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/greta-thunberg-whats-the-big-deal\/\">Greta Thunberg \u2013 the 16-year-old activist, now author of the year<\/a><\/li>\n<li><a href=\"http:\/\/thevoiceoflondon.co.uk\/how-historically-accurate-is-the-crown\/\">How historically accurate is The Crown?<\/a><\/li>\n<\/ul>\n<p>Npower is under the umbrella of the \u2018Big Six\u2019 energy firms in the UK, all of which have stated strong criticism of newly introduced price caps.<\/p>\n<p>The company\u2019s union, GMB, has responded to the announcement with distain, laying blame on price caps for impacting the energy firm and Npower itself:<\/p>\n<p>\u201cGovernment has to urgently wake up to the impact that the price cap is having on good and reasonably well-paid jobs in UK energy companies.\u201d<\/p>\n<p>https:\/\/twitter.com\/Litter_Patrol\/status\/1200373003458109440<\/p>\n<p>https:\/\/twitter.com\/Selenethoa\/status\/1200375868037750785<\/p>\n<p>&#8220;Npower is a poorly managed company with significant losses in the UK but it&#8217;s always the workers that face the brunt of poor management\u201d<\/p>\n<p>Npower\u2019s eight sits include: Leeds, Hull, Worcester, Swindon, Solihull, Birmingham, Sudbury and Oldbury. Although there is no indication of how each will be affected.<\/p>\n<p><strong>Words: Ferris Shaw | Subbing: Dan Taylor | Featured Image: Stevepb<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy firm Npower have announced its plan to cut thousands of jobs in a bid to make the company more profitable, with all of its eight sites under threat of closure. 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