(Bloomberg) -- U.K. cabinet ministers expect the number of unemployed people to rise to 4.5 million over the next year, the highest number since records were started, Sunday Times reported.
The ministers will present their projections to Prime Minister Boris Johnson, the newspaper said
One in three companies is expected to lay off staff because of the coronavirus pandemic, the newspaper cited a Chartered Management Institute survey as showing
About 34% of managers plan to dismiss employees, while 26% expect they will have to cut people this year, according to the survey
