Covid: February redundancy plans fall despite lockdown
26/03/2021
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news
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business
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Data obtained by BBC News shows the labour market is frozen as the furlough scheme continues.
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Steadyonnow
26/03/2021 10:45:44
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bbc
Would the extra 100,000 people put on furlough in January explain this.
Promising news, but the litmus test for Furlough will come when we reach the 45 and 30 day notice periods that coincide with the Furlough Tapering (Mid May to June, and Mid July to August).
If there are spikes in planned redundancies, then we will head into a winter of discontent
If there are spikes in planned redundancies, then we will head into a winter of discontent
Employment will increase gradually as the UK economy is re-opened.
I know that will upset the doom-mongers and naysayer but so be it.
I know that will upset the doom-mongers and naysayer but so be it.
No wonder he's smiling and his staff aren't going anywhere - they've just had a paid holiday for almost a full year!
Meanwhile, there are others who've had to work right through on the frontline or been left to fend for themselves with no work and zero support.
And please, don't get me started on all the office/home workers who have just received a massive pay increase through reduced costs.
Meanwhile, there are others who've had to work right through on the frontline or been left to fend for themselves with no work and zero support.
And please, don't get me started on all the office/home workers who have just received a massive pay increase through reduced costs.
No wonder.
Ridiculous that furlough is still going.
UK needs to start creating tech companies and innovate.
No more sitting around on furlough.
Ridiculous that furlough is still going.
UK needs to start creating tech companies and innovate.
No more sitting around on furlough.
The telling thing will be what happens when furlough ends, as it must at some point.
the bleedin obvious will happen now the UK has no EU employment rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
Ridiculous. Remainers; educated, just not intelligent
Removed
OK. lol
Currently those same employment rights are past of UK legislation (we helped draft most of them for the EU). Of course this is for now, and there are plenty of Tory MPs saying that we should remove them.
the government has to be informed of redundancies and at the present time they refuse to give that information, but a former government servant has said it is likely to be around 670000 in total for this year.
this will bring unemployment figures up to 8.4 million
this will bring unemployment figures up to 8.4 million
OK. lol
I have had 6 interviews since the start of the year with companies that have people still on furlough. These companies were gearing themselves up to reopen properly in April once furlough had been wound down. Then out of the blue it was then extended till the end of September, these same companies are now sitting on their hands until the last quarter of the year, I’m speechless!
the bleedin obvious will happen now the UK has no EU employment rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
the government has to be informed of redundancies and at the present time they refuse to give that information, but a former government servant has said it is likely to be around 670000 in total for this year.
this will bring unemployment figures up to 8.4 million
this will bring unemployment figures up to 8.4 million
the bleedin obvious will happen now the UK has no EU employment rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
12 jobs lost in my local area as a local brewery went into administration, although covid didn't help, the company put the main cause down to brexit red tape as most of their sales were in the continent.
12 jobs lost in my local area as a local brewery went into administration, although covid didn't help, the company put the main cause down to brexit red tape as most of their sales were in the continent.
The money has plugged the gap in the economy, furlough it would seem was entirely necessary. But it was/is at huge cost.
Someone on 2.5K a month paying ~£700 in tax while productive versus receiving £2K to sit at home (but taxed, of course).
Hopefully the govt put faith in the vaccination program and *allow* people to work as quickly as practically possible.
Someone on 2.5K a month paying ~£700 in tax while productive versus receiving £2K to sit at home (but taxed, of course).
Hopefully the govt put faith in the vaccination program and *allow* people to work as quickly as practically possible.
I suppose the choice was furlough, or massive unemployment, potentially leading to civil unrest, which might have been even more costly.
Surely this can't be a surprise? After a year pretty much all companies will have adapted to the new normal, and will have cut their cloth accordingly.
Of course, that's until the furlough scheme comes to an end.
Of course, that's until the furlough scheme comes to an end.
the bleedin obvious will happen now the UK has no EU employment rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
12 jobs lost in my local area as a local brewery went into administration, although covid didn't help, the company put the main cause down to brexit red tape as most of their sales were in the continent.
Think you're getting mixed up with distillers and brewers.
It is somewhat expected that redundancy figures would equilibrate by now. Furlough has prevented a lot of additional sackings of staff members. There are also more people unemployed, and hence fewer people to be made redundant.
Perhaps a more interesting measure is percentage of active workers (non-furloughed) being made redundant.
Perhaps a more interesting measure is percentage of active workers (non-furloughed) being made redundant.
Must be one of those Brexit "dividends" we were promised.
Just the ones we have as surplus. It's called being humanitarian, something Brexiteers aren't famed for.
The money has plugged the gap in the economy, furlough it would seem was entirely necessary. But it was/is at huge cost.
Someone on 2.5K a month paying ~£700 in tax while productive versus receiving £2K to sit at home (but taxed, of course).
Hopefully the govt put faith in the vaccination program and *allow* people to work as quickly as practically possible.
Someone on 2.5K a month paying ~£700 in tax while productive versus receiving £2K to sit at home (but taxed, of course).
Hopefully the govt put faith in the vaccination program and *allow* people to work as quickly as practically possible.
the bleedin obvious will happen now the UK has no EU employment rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
The company I work for put around 35% of staff on furlough last year and made a significant number of them redundant, including senior staff whilst working the rest of us half to death. Fast forward to January and they're dismissing staff for minor infractions and hiring like crazy - on lower wages as replacements. The furlough scheme just boosted their profits.
Good. Adapted to the circumstances. Loads of people wanting work, price should lower. We’re it easier to lower pay there would be less need to 'churn' people in the jobs.
Gosh what could have caused this?
Could it be the rumours that started in late Jan that Chancellor Sunak would be extending Furlough until September?
When we know what is going to happen with the 5M on Furlough today we'll have a more accurate picture of the mess we have to clean up.
Could it be the rumours that started in late Jan that Chancellor Sunak would be extending Furlough until September?
When we know what is going to happen with the 5M on Furlough today we'll have a more accurate picture of the mess we have to clean up.
Life is change. There will be little fuss when people get different jobs as all adapt to a better future.
The company I work for put around 35% of staff on furlough last year and made a significant number of them redundant, including senior staff whilst working the rest of us half to death. Fast forward to January and they're dismissing staff for minor infractions and hiring like crazy - on lower wages as replacements. The furlough scheme just boosted their profits.
Given the continuation of furlough and the associated lockdown nobody has any clear picture of the economy going forward.
It is pointless trying to read the runes ahead of the extraordinary events currently in play.
Until the country reaches some sort of stability post-Covid any likely economic outcome is but a guess. Some idea of what HMG is planning post-Brexit would help everyone.
It is pointless trying to read the runes ahead of the extraordinary events currently in play.
Until the country reaches some sort of stability post-Covid any likely economic outcome is but a guess. Some idea of what HMG is planning post-Brexit would help everyone.
The brown stuff is about to hit the swirly thing
The economy is currently being held up by a balloon (furlough), at some point the balloon needs to burst.
I have a small pub business and we have a few full time staff furloughed at the moment. Can I honestly say that the jobs will still be there after furlough? No I can't, in fact the longer we are closed the more likely we will never open again. We are a very small business but one of many thousands. The true picture is yet to be seen.
The economy is currently being held up by a balloon (furlough), at some point the balloon needs to burst.
Why aren't MPs furloughed? They're not doing their jobs of holding the govt to account on behalf of their constituents. It may have the added bonus of helping them understand what much of the rest of the country are going through, as well as saving some money for the taxpayer
Had it not been for furlough, many thousands would be unemployed by now.
The government needs to invest in manufacturing now we are out of the EU. I just hope Brexit doesn't cause any more stress to the economy. Prove me wrong.
62 new trade deals.
As at 18:25, the good news about Honda’s site in Swindon, potentially saving thousands of job, isn’t being reported on this site.
Is this superior journalism as it’s not true, or inferior journalism, fuelled by political bias?
Is this superior journalism as it’s not true, or inferior journalism, fuelled by political bias?
the bleedin obvious will happen now the UK has no EU employment rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
the uk is not abiding by the EU working rights ,so what does that mean, an algorithm good bye email, we will post your belongings and charge you for using the toilet roll in your former building.
reduced redundancy pay and no pension rights.
Hi Free at last
It's in https://www.bbc.co.uk/news/uk-england-wiltshire-56538151
Yes - the BBC has it as local news for Wiltshire!
It's in https://www.bbc.co.uk/news/uk-england-wiltshire-56538151
Yes - the BBC has it as local news for Wiltshire!
As usual BBC struggling to report anything positive in the UK. Usual ‘ Guardian’ approach to stories. Honda selling site to company that is going to invest £700m to create jobs is great news. However if you are a BBC ‘highly educated’ luvvie it’s not news. Time for a change
Property developer buys a site!! Big deal try estates gazette for more news like this. Trump promised thousands of jobs in Scotland remeber
The government needs to invest in manufacturing now we are out of the EU. I just hope Brexit doesn't cause any more stress to the economy. Prove me wrong.
Or another way to look at it is almost 40,000 firms are planning to make 20 or more people redundant as of Feb 2021 - even with furlough still in full swing.
As usual BBC struggling to report anything positive in the UK. Usual ‘ Guardian’ approach to stories. Honda selling site to company that is going to invest £700m to create jobs is great news. However if you are a BBC ‘highly educated’ luvvie it’s not news. Time for a change