Hamleys to cut more than a quarter of London staff

Jobs set to go at world’s oldest toyshop’s Regent Street store and nearby head office

The toy retailer Hamleys is shedding more than a quarter of its workforce in London as the health crisis prompts shoppers to shun the capital’s world-famous shopping district.

Founded in 1760, Hamleys is the world’s oldest toyshop, with its store on Regent Street a magnet for international tourists in normal times. But the absence of foreign holidaymakers and tightening local restrictions, which mean the number of office workers is once again dwindling, is devastating trade in the area.

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