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Local Authority Job Cuts Will Increase Personal Debt Worries

posted on 14 July 2010 | posted in General Category  | ( 0 ) Comments


Local authorities across England and Wales are facing quite a high number of job losses over the coming months. This is sure to increase the personal debt worries of those employee's that may be facing up to the prospect of being jobless in the near future.

In one example up to 800 jobs will go at Powys County Council over the next four years in moves to cut costs, it was revealed today.


The authority, the biggest employer in Powys, has announced plans to shed 10 per cent of its 8,000-strong workforce between now and 2014 to help save £16 million.

Council bosses said they would be doing their best to avoid compulsory redundancies and hoped most jobs would go through “natural wastage”.

If you are concerned of what may happen and you need advice then we suggest you contact us for help and advice so that we can help you look at your finances and pave a way forward.

 

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