Great Britain: businesses to cut benefits to offset the economic crisis

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27 August 2008 à 07h36

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Publication: 27 August 2008 à 07h36

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The consequences on employment of the declining growth in Great Britain should be even more tangible in the coming months. With that perspective, UK businesses are sacking some of the benefits previously granted. Meanwhile, employment lawyers and legal helplines are reporting a sharp rise in businesses seeking advice on how to sack staff. (Ref. 080636)
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27 August 2008 à 07h36

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2 minutes

Publication: 27 August 2008 à 07h36

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The consequences of the subprime crisis are major in Great Britain: rapid increase in unemployment (now 5.4% of the population), increased inflation (+4.4% in August), and a decline in job offers in all sectors.

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