AL to be the making of U.K.!!!

Total BS. They are shoving up NI etc so companies are going to loose staff not employ more. If the companies turn out to be successful this lot hit them with Taxes.

What company is going to try to expand, very very few if any.

Talking to my cousin down near Cambridge, his company has announced that 50 people are to go by Easter.

He does not think he will be in the first batch but by Easter ?

He is a scientist and very clever but he may not be as worldly as he should be. That happens with those types, seen it before.

So I laid out what he should do in anticipation of being made redundant say at Easter. All based on my experience since 1992.

Of course I don’t know his financial status nor his wife’s but that’s matter less.

Basically I laid out that he has to plan now as if he was redundant next week. Do you need say two cars, ie cutting down on expenses etc. check if his pension is able to allow the taking of a lump sum to tide him over for 5 years until state pension kicks in.

What else could he do, go freelance probably and that down to his contacts.

It’s not rocket science just accounting, income and outgoings, you are a business in effect and have to look at it like that.

The problem being the emotional one, getting your head around it all.

With this government there are an awful lot of people going to face this problem this year and onwards.

Yes it’s easy for me to say these things but been there done it.

Allan C.