Money Box Live: Losing Your Job
What are your rights around redundancy, what kind of payout might you get and how can you best manage your money during a job hunt?
Unemployment recently rose to its highest level in almost four years. The Office for National Statistics (ONS) said the rate went up to 4.6 per cent in the three months to April, up from 4.5 per cent in the three months to March. That's the highest since the Summer of 2021 in which the country was in the depths of the Covid pandemic.
So today on Money Box Live we're asking what happens when you lose your job? What are your rights, what kind of payout might you get and how do you manage the money during a job hunt?
Felicity Hannah is joined by employment lawyer Rupa Mooker, Mike Fenn who's Head of Employee Relations at ACAS, the Advisory, Conciliation and Arbitration Service and Sarah Coles who is the Head of Personal Finance at Hargreaves Lansdown.
Presenter: Felicity Hannah
Producers: Sarah Rogers and Helen Ledwick
Editor: Jess Quayle
(This programme was first aired on ÃÛÑ¿´«Ã½ Radio 4 on Wednesday 9th of July 2025)
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- Wed 9 Jul 2025 15:00ÃÛÑ¿´«Ã½ Radio 4
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