My oh found out yesterday that he may be redundant, he works for a smallish firm and in his dept 4 were told that 3 of them would have to go.
This comes at a time when we thought at last we would be able to do things that we couldn't afford before. Our financial position was getting better, having lived in the same house for 20 years, we remortgaged a small amount last year, we don't drink or smoke neither do we take foreign holidays, our bills didn't rise as much because we overpaid last year.
This is all because of the so called credit crunch, his firm have lots of orders but being in the building trade if clients cant get the money the work cant go ahead. Being in his early 50's it may be hard to get another job and also other firms will be thinking along the same line's, as people have left they haven't been replaced.
All we can do is hope its not him, but feel for everyone in this position.
This comes at a time when we thought at last we would be able to do things that we couldn't afford before. Our financial position was getting better, having lived in the same house for 20 years, we remortgaged a small amount last year, we don't drink or smoke neither do we take foreign holidays, our bills didn't rise as much because we overpaid last year.
This is all because of the so called credit crunch, his firm have lots of orders but being in the building trade if clients cant get the money the work cant go ahead. Being in his early 50's it may be hard to get another job and also other firms will be thinking along the same line's, as people have left they haven't been replaced.
All we can do is hope its not him, but feel for everyone in this position.
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