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)
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. To offset the impact of this crisis on purchasing power, unions have asked businesses to increase wages faster.
Measures to face the economic crisis. This is not the way chosen by British companies. They are anticipating the declining growth by reducing the activity, cutting social benef
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