With the UK economy and housing market teetering and consumer confidence plunging, many UK businesses are facing tough times ahead Business owners will have to ride out the coming storm, and ensuring that their companies have no legal or operational vulnerabilities will be a crucial part of this

So, business managers up and down the country are preparing to bid farewell to 2008 and usher in a whole new year Over the last 12 months, we’ve seen changes to flexible working, dispute resolution and even how companies that cause a person’s death are dealt with

In this straightened economic climate, redundancy is a threat faced by millions of UK employees Large corporations are hitting the headlines by making thousands of their employees redundant, but redundancy could happen at a company of any size when things get tough and businesses are forced to cut their costs

In an economic downturn, every employee is likely to be double and triple checking their employment contracts and company redundancy policy so that they know what to expect if the worst comes to the worst These documents are likely to be filled with specific legal terms, and just like any legal procedure, redundancy has small print and fine details which it is vital to understand