Consultation on collective redundancies: time for an HR reality check

It is highly true that the collective consultation procedure is not suited for UK entrepreneurs, and a majority of employers are likely to meet with various problems on account of it. It is too much to expect an employer to involve in the collective consultation process, particularly when the business itself is faced with a huge risk. The need of …

Unison agrees redundancy deal for 500 British Gas workers in Southampton

500 British Gas workers are to lose their jobs when their call centre is closed. After negotiations on redundancy conditions, Unison union members voted to accept the terms on offer. The announcement of the closure shocked the more than 500 workers at the facility and while some workers could transfer to other duties, the majority would see their work moved …

UK bankruptcy laws too lenient say the people

Recent surveys reveal harsh opinions on bankruptcy. More than half of UK residents surveyed believe that current UK bankruptcy laws are too lenient, and a vast majority think that people will attempt to abuse the system. UK’s bankruptcy laws are much less harsh than the bankruptcy laws of many other countries, and there is a widespread feeling that an individuals …

What happens to your foreign debts if you go bankrupt in the UK?

A UK law firm offers some basic advice for those who have financial problems and own real estate in foreign countries outside of the UK. Due to the economies of various countries, many vacation homes abroad are worth significantly less than their mortgage balance. If an individual files for bankruptcy in the UK, ALL properties they own, including those outside …

Segro Falls Most in Two Months After Tenant Files Bankruptcy

The article describes the outcome of a fall in stock prices of a U.K. company Sergo due to a German company, fNeckermann iling for bankrupsy. It appears that the stock fell 2.3% in London trading, however rallied to 1% at the close of the day. Sergo is currently seeking both alternate customers and sites in the event that the German …

Guardian Newspaper Reports ?44m Losses, Redundancies Expected

The article states the losses incurred by the company named Guardian News and Media in the last year.Whereas it also states the profits enjoyed by the papers who provide online users with free reading and have an open access to their journalism. In the latter half of the article the interviews of the spokesperson of the papers is also stated.Whereas …

Anger as Queen Mary hunts for new recruits in midst of redundancy programme

The Staff Union of Queen Mary, University of London, has expressed their dislike towards the recruitment advertisement placed by the university’s authority. The Union is deciding to undertake a strike action due to the unfair redundancy programmes of the university and discrepancies that has arisen in the school authority’s dealing. The authority expressed their intention for its action to be …

CSC bundles NHS IT fiasco staff out the door

This article is about the employee cut that a company called CSC has recently experienced. The employees are referred to as “redundancies”; and after the company suffered through a failed program effort the employees were the first to go. It is true that the company made many cuts but there were also a significant number of employees that chose to …

100 CSC staff made redundant in first wave of job losses

CSC has begun shedding jobs with 100 finance, sales and medical experts the first to feel the force of a job-cutting process announced in February. A third of all the expected 500 redundancies are workers from the ill-fated NPfIT project, which was meant to create centralised computerised medical records for all NHS doctors and hospitals in the UK. Read the …