Betterware in Administration

Looks like the end of those catalogues, and the end of a lot of jobs.

Workers were called to the Betterware Ltd headquarters in Birmingham on Friday to be told they were being made redundant, the BBC understands.

It comes after a petition to wind-up the company was put forward by HM Revenue and Customs earlier this month.

Lorries holding orders have stayed on the site in Hurricane Park, as workers said they were “absolutely gutted”.

bbc.co.uk/news/uk-england-bi … ting-story

Also Jaguar Land Rover announces 1000 job cuts today at their midlands sites.

Carpetright shutting a few stores too

kleeneze have gone as well.
my misses did kleeneze for a while. didn’t make a fortune but made a bit from it. I personally didn’t think people would buy the useless stuff they sold but people bought it all

Convenient because of the new tax year…■■?

Brexit thats it, should of voted remain to all the brexiters you are to blame.

EU rules make it harder for small to medium sized firms to cope with all the red tape. Once fully out of the EU, the playing field can be set to level again.

Consider this simple example:

You can pay your staff what you like under EU rules, as they don’t enforce the UK’s minimum wage. (Neither does the UK, come to that!)
The cost of taking on a new member of staff in terms of “Start-up one-off costs” is say, 24,545 Euros.

That means when a new job is created, you want to employ someone who isn’t going to quit in a few weeks. Otherwise, the new bod taken on say, 3 weeks after Newbie walks - would invoke a further overhead of 24,545 Euros.

If you are a medium sized business - this is a lot of money to waste on a simple “Mistake” of employing “The wrong person”. The business of taking on someone new - now carries much greater risk to the company.
If you are a small business - this “EU effect” is DISASTEROUS of course!

If you are a multi-national? - 24,545 Euros is a drop in the bucket. More than that gets wasted on taps left on, lines being re-drawn, H&S memos being sent out, etc etc. :unamused: