20 October 2010 #Employment
Chancellor George Osbourne has announced his Spending Review. This was expected to set the deepest cuts in public spending in decades.
Welfare, police and council budgets have all been hit. Headline points relating to employment/HR are:
There`s no doubt that the coming years will be tough and time will be the only effective test of this Spending Review, and indeed the coalition`s approach to the current economic situation in general. What is clear is that it is not just the public sector that will be affected. As the cuts filter through, the third sector and those in the private sector providing services to the public sector will also find themselves squeezed, as will those who find themselves out of a job.
Employmentbuddy predicts a rise in redundancies, Employment Tribunal claims and strike action. For further information, see Buddy`s Redundancy guidance and our monthly article on current opinion about strike action in the wake of the cuts.