Handle With Care: Redundancies In The Workforce

Faced with an economic downturn and increased pressure on North East businesses, Tony McPhillips, partner and head of the Employment Services group at Muckle LLP, considers the duties and responsibilities owed by employers when considering redundancies in the workforce.

When America sneezes, we catch a cold - so the saying goes.

What began with a housing slump in the US in spring 2007 developed into a global liquidity crisis in late summer and has now resulted in turmoil in global financial markets. The shock of the Northern Rock collapse is still reverberating around the UK economy and business and consumer confidence has been severely dented.