{"componentChunkName":"component---src-templates-post-js","path":"/bosses-plan-redundancies/","result":{"data":{"ghostPost":{"id":"Ghost__Post__5f5f3879eccba10039387505","title":"Bosses plan redundancies","slug":"bosses-plan-redundancies","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2020/09/Multiply-minute-9.png","excerpt":"More than twice as many people are currently at risk of redundancy than during the height of the 2008 financial crash.","custom_excerpt":"More than twice as many people are currently at risk of redundancy than during the height of the 2008 financial crash.","created_at_pretty":"14 September, 2020","published_at_pretty":"14 September, 2020","updated_at_pretty":"14 September, 2020","created_at":"2020-09-14T09:31:37.000+00:00","published_at":"2020-09-14T09:34:42.000+00:00","updated_at":"2020-09-14T09:34:42.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"The 1-minute read to get the money news you need with expert adviser commentary.\n\nSpike in redundancies\nMore than twice as many people are currently at risk of redundancy\n[https://www.bbc.co.uk/news/business-54125690] than during the height of the\n2008 financial crash. Between May and July this year, employers listed 380,000\njobs as “at risk”. In the past, actual redundancies don’t always match the\nnumbers at risk, but it’s an early signal of what might happen.\n\nRestaurants can’t make rent\nBosses of Deliveroo, Burger King, and Itsu have signed a letter calling for an \nextension to the rent holiday [https://www.bbc.co.uk/news/business-54136993] for\ncity-centre restaurants. The current ban on commercial evictions is set to end\non 30th September, and they warn that many well-known eateries are at risk of\nbeing kicked out.\n\nArcadia pays out\nTopshop owner Arcadia has agreed to pay packages based on full salaries\n[https://www.theguardian.com/business/2020/sep/13/union-lauds-amazing-victory-after-arcadia-redundancy-payment-apology-philip-green-covid-19] \nto its staff facing redundancy. 3 weeks ago it emerged that the retail giant was\noffering employees redundancy pay based on their reduced furlough wages. It’s\nnow backed down after pressure from Unite.\n\nDelays to flexible tickets\nRail companies are facing delays over their plans for a flexible season ticket\n[https://www.cityam.com/plan-for-flexible-uk-rail-tickets-now-facing-a-delay/] \nto help workers heading back to the office part time. They want to enable\ncommuters to use up their rail trips over a certain period of time. But the\ngovernment has said the flexible fares won’t be approved in time for January,\nwhen prices are set to rise.","html":"<p>The 1-minute read to get the money news you need with expert adviser commentary.</p><h3 id=\"spike-in-redundancies\">Spike in redundancies</h3><p>More than twice as many people are currently <a href=\"https://www.bbc.co.uk/news/business-54125690\">at risk of redundancy</a> than during the height of the 2008 financial crash. Between May and July this year, employers listed 380,000 jobs as “at risk”. In the past, actual redundancies don’t always match the numbers at risk, but it’s an early signal of what might happen.</p><h3 id=\"restaurants-can-t-make-rent\">Restaurants can’t make rent</h3><p>Bosses of Deliveroo, Burger King, and Itsu have signed a letter calling for an<a href=\"https://www.bbc.co.uk/news/business-54136993\"> extension to the rent holiday</a> for city-centre restaurants. The current ban on commercial evictions is set to end on 30th September, and they warn that many well-known eateries are at risk of being kicked out.</p><h3 id=\"arcadia-pays-out\">Arcadia pays out</h3><p>Topshop owner Arcadia has <a href=\"https://www.theguardian.com/business/2020/sep/13/union-lauds-amazing-victory-after-arcadia-redundancy-payment-apology-philip-green-covid-19\">agreed to pay packages based on full salaries</a> to its staff facing redundancy. 3 weeks ago it emerged that the retail giant was offering employees redundancy pay based on their reduced furlough wages. It’s now backed down after pressure from Unite.</p><h3 id=\"delays-to-flexible-tickets\">Delays to flexible tickets</h3><p>Rail companies are facing delays over their <a href=\"https://www.cityam.com/plan-for-flexible-uk-rail-tickets-now-facing-a-delay/\">plans for a flexible season ticket</a> to help workers heading back to the office part time. They want to enable commuters to use up their rail trips over a certain period of time. But the government has said the flexible fares won’t be approved in time for January, when prices are set to rise.</p>","url":"https://multiply.ghost.io/bosses-plan-redundancies/","uuid":"51aaf907-6925-42cc-be07-55b629518c1d","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"5f5f3879eccba10039387505"}},"pageContext":{"slug":"bosses-plan-redundancies"}},"staticQueryHashes":["176528973","2358152166","2561578252","2731221146","4145280475"]}