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More than 300 jobs to go at Lycamobile amid losses and VAT row

The Guardian

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December 17, 2024

Almost 90% of Lycamobile's UK workforce have been told they could lose their jobs, the Guardian has learned, in an announcement that leaves more than 300 staff fearing for their roles shortly before Christmas.

- Rob Davies

The telecoms company, owned by the multimillionaire Tory donor and British-Sri Lankan businessman Allirajah Subaskaran, sells pay-as-you-go sim cards popular with low-paid workers wanting to make cheap phone calls overseas.

On Friday, staff at Lycamobile's headquarters in the City of London were told that the company was facing "pretty serious challenges" and was planning to cut up to 316 jobs, leaving as few as 48 in the UK.

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The Guardian

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'Wonderful' archive of the rural writer Ronald Blythe acquired by British Library

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Proposals to limit jury trials could be watered down in another U-turn

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Greenland says it cannot accept US takeover 'under any circumstances'

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Dutch police question key claims made for Maccabi Tel Aviv fan ban at Aston Villa match

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Adolescence and One Battle After Another dominate the night at Golden Globes

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time to read

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