Is it worth putting redundancy money into your pension?

Workers made redundant with a pay-off of £30,000-plus can generate extra free cash by asking their employer to pay a chunk of the payout into their pension. The move might be particularly beneficial for over-55s, who can gain immediate access to their pension pots if they want. But doing this can drum up additional pension … Read more

Claudia Winkleman sends email asking BBC staff facing redundancy to film dance video

The BBC is facing a backlash after an email sent by £369,999-a-year Claudia Winkelman to workers facing redundancy asked them to film a dancing video.  The email, which was reportedly sent by the Strictly Come Dancing host, asked colleagues to take part in the ‘Dancing with our staff’ promotional video.  But it is understood to … Read more

How to stay afloat in a tsunami of job cuts: Millions face redundancy

How to stay afloat in a tsunami of job losses: As millions of Britons face the grim reality of redundancy… here’s our guide to weathering the storm latest predictions say unemployment could rise to 10% by the end of the year  Pizza Express warned 1,100 jobs are at risk, while Currys PC World axed 800 … Read more

How to stay afloat in a tsunami of job cuts: Millions face redundancy

How to stay afloat in a tsunami of job losses: As millions of Britons face the grim reality of redundancy… here’s our guide to weathering the storm latest predictions say unemployment could rise to 10% by the end of the year  Pizza Express warned 1,100 jobs are at risk, while Currys PC World axed 800 … Read more

Nine skills YOU should cultivate to avoid redundancy

Competition for jobs is fiercer than ever, with more than nine million furloughed employees likely to be concerned about their work security after the government scheme ends in October. With unemployment already hitting many, one innovation and creativity expert, based between Warwickshire and London, has revealed the nine skills you need to harness to make yourself … Read more

Hundreds of royal staff ‘are being axed with up to 250 offered voluntary redundancy’

Hundreds of royal staff ‘are being axed with up to 250 offered voluntary redundancy’ after coronavirus hit tourism income leaving £18million black hole in Queen’s finances The Royal Family are feeling the financial effects of the coronavirus pandemic   Between 175 and 250 royal staff are facing voluntary redundancies this month There are doubts over whether … Read more

BBC invites staff to apply for voluntary redundancy as it attempts to make £125m in savings

BBC invites staff to apply for voluntary redundancy as it attempts to make £125m in savings because of coronavirus pandemic It asked public service staff to make voluntary redundancy expression of interest Lord Hall said delaying means-testing of the free TV licence for over-75s is costly He said it was a ‘significant sum at a time … Read more

Furlough to redundancy: St John Ambulance among job cuts

A charity supporting the NHS with thousands of volunteers during the coronavirus crisis and one of the UK’s largest travel money providers are among the businesses which could make hundreds of staff redundant having previously furloughed them, This is Money can reveal. The St John Ambulance service is currently in a 45-day consultation over axing … Read more

Furlough to redundancy: St John Ambulance among job cuts

A charity supporting the NHS with thousands of volunteers during the coronavirus crisis and one of the UK’s largest travel money providers are among the businesses which could make hundreds of staff redundant having previously furloughed them, This is Money can reveal. The St John Ambulance service is currently in a 45-day consultation over axing … Read more

Cath Kidston staff ‘betrayed’ over redundancy pay

Former Cath Kidston staff say they have been ‘betrayed’ after its owners refuse to cover redundancy pay By Daily Mail City & Finance Reporter Published: 21:55 BST, 26 April 2020 | Updated: 21:55 BST, 26 April 2020 Former Cath Kidston staff say they have been ‘betrayed’ after its owners refused to cover redundancy pay.  The high … Read more