Coping with redundancy

[ErickBroch]

Hi everyone, my partner is sadly expected to find out he will be made redundant this week. He has not been there long enough to have any type of redundancy pay.

Whilst dealing with it emotionally, I would also love to have any advice or tips you may have for cutting back and getting finances in order? We have a mortgage and bills to pay. I earn 30k a year but £360 a month goes on my train.

Any advice would be really welcome - I have already made a list of all direct debits to cancel asap.

Is this related to coronavirus? Has he asked if the company will consider furloughing him? Gov will pay up to 80% of his salary.

Martin Lewis has a great money makeover designed to reduce your outgoings. I do it every year.

www.moneysavingexpert.com/family/money-help/

Thank you - they are currently 'looking into it' but I think they are still going to cut staff and then do the 80% to the rest :( Just because he is one of the newest.

Thanks for the link!

If he is made redundant, he can claim universal credit contributions based job seekers allowance the day after redundancy apply at www.gov.uk