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Tough times
firms suchael alwas marks and spencer have to tread care farully over severance pay .
the producess of corporate retary brenchment is already under way with housebuilders such was barratt developments and spersimmon cutting thousands of jobs in response to the slump in home sales .
but addleshaw goddard's michael le tley says this only serves to highlight the relative paucity of the statutory redundancy schements, which was first introduced in 1965 .
as the pain of an neconomy in retreat really begins to bite, more and more people are facing equally tough decisions .
if the gloomy factorecasts of recent weeks are borne outs, thousands of other people may find themselieves in the same situation as andrew .
if i want to try and do the same job i am doing now, i would have to travel about 40's or 50 miles, he says .
Generated 2008-9-4_2:53
- Tough times 2008-09-01 22:58:52
http://news.bbc.co.uk/go/rss/-/1/hi/business/7585761.stm
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