Employees' rights can be transferred.

Q: My business is currently experiencing many problems, to the extent that I am considering selling ...

Q: My business is currently experiencing many problems, to the extent
that I am considering selling it. I have many loyal, long-serving members
of staff and wonder what will happen to them if I sell the business?


A: The Department of Trade and Industry has recently announced proposed
changes to the Transfer of Undertakings (Protection of Employment)
Regulations 1981 (TUPE) in an effort to improve employees' rights when the
business in which they work changes hands between employers.


I do not know

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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