You are here: Home - Household Bills - News -

Redundancy searches soar as government support scaled back

0
Written by:
12/06/2020
It’s three months since the coronavirus pandemic changed the lives of Brits and while furlough has been a common area of advice, redundancy concerns are on the rise.

People are increasingly concerned about the prospect of redundancy as lockdown is eased and the government gradually scales back financial support for workers and businesses.

Data from charity Citizens Advice reveals its furlough information page was the most visited on its website but now this has been overtaken by redundancy advice searches.

In the month to 10 April, the top search term was coronavirus and people were also looking for advice on flight and accommodation cancellations, sick pay and what to do if you can’t pay your bills.

In May, Brits were searching information on furlough, self-employment, benefits and Universal Credit.

Now, one of the most common searches is redundancy.  Brits are also searching details of ending a tenancy and divorce.

In total, since Covid-19 was declared a global pandemic in March, the charity’s advice pages have been viewed more than 15.8 million times, a 24% increase on the same period last year.

Citizens Advice added that it expects to see more people searching for information on struggling to pay bills as well as sick pay and benefits as the government interventions wind down.

Gillian Guy, chief executive of Citizens Advice, said: “People are going to feel worried and stressed as the effects of coronavirus continue to be felt in the weeks, months and even years ahead.

“Our data gives an early warning of the different challenges coming down the road as people navigate the economic consequences of Covid-19.

“As more and more companies lay off staff, we’ve seen people searching for advice on redundancy ramp up over the last month.

“With lockdown measures continuing to ease and protections on jobs and bills starting to be scaled back, it’s vital government listens to these worries and adapts their policies accordingly.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
uk shares
UK GDP fell by a fifth in April – the biggest drop since records began

UK Gross Domestic Product (GDP) fell 20.4% in April – the largest drop in a single month since official records...

Close