What? £ 1,000 + £ 25 per hour (after the first 20 hours) down to £ 200 + £ 8 per hour.
You would need to be seriously shot away in the head to accept that 'deal'!
It could be a good way for those on internships to get out of the door early - breach of contract possibly.
As for redundancies, it is the position that is removed not the person - the person losing their job is the consequence of the position being cut - so I can't see how they can cut the positions then self-employ the same people to fill them!! Then again................
I wonder if senior management positions will be trimmed down or if they'll be taking pay cuts!!