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Life after redundancy

It is a situation that many people will face at some point in their working lives. However, with the right support, it is possible to emerge from redundancy stronger, says Mark Blayney Stuart

Economic analysisWith the long-term effects of both the pandemic and Brexit trickling through to the wider economy, it’s a sad fact of life that many people may face the prospect of redundancy. While unappetising for anyone, being prepared will put you in the best possible position to move on.

“Being a chartered accountant doesn’t make you immune to the difficulties the economy is facing or the increase in redundancy we’re seeing nationwide,” says Kelly Feehan, Services Director at CABA, the charity supporting chartered accountants’ well-being. “Any financial professional, no matter how successful they are, could face redundancy.”