Firms plan more lay-offs, says CIPD

Increasing numbers of firms are preparing to make staff redundant, the CIPD has said.

Analysis of calls to the institute’s legal helpline shows a 28 per cent increase in September in redundancy-related enquiries. Of 2,051 calls to the helpline last month 303 were related to redundancy, up from 236 in August and more than double the 142 calls recorded this time last year.

 

It’s untenable to have a normal retirement age in public-sector schemes that is significantly different from the state retirement age

Brian Bailey, Director of pensions, West Midlands Pension Fund and member of High Pay Commission