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 has sparked fury among BBC staff after sending a round-robin email asking workers – including those facing redundancy – to film themselves dancing just 24 hours after her £369,000 salary was revealed. The email, which was sent by Winkelman and her Strictly Come Dancing co-host Tess Daly, asked colleagues to take part in the … Read more
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
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
The BBC has invited staff to apply for voluntary redundancy as it attempts to make £125million in savings this year due to the coronavirus pandemic. The broadcaster has asked its public service staff – not those in its commercial subsidiaries – to make a voluntary redundancy expression of interest. There are fears that thousands of … Read more
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
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