New government initiative to help those losing jobs

Jobcentre Plus, the insolvency trade body R3 and the Insolvency Service have signed a Memorandum of Understanding today which outlines how insolvency practitioners dealing with struggling businesses will work with Jobcentre Plus offices to develop a tailor-made plan to support those at losing their jobs quickly and efficiently.

Those affected by redundancy will then be given access to information and services that will help them claim benefits, identify new job opportunities or get access to training.

Employment minister, Jim Knight MP, said: “It is important that we don’t just wait for someone to lose their job before we start to help them. The pre-redundancy service Jobcentre Plus offers has helped thousands of people get new jobs quickly stopping a short-term difficulty becoming a long-term problem...It is essential that we work with R3 and the Insolvency Service to make sure even more people get help before they are out of work. I am hugely grateful to Phil Wilson and R3 in facilitating this agreement.”