Redundancy can be stressful. For many, it will mean your financial situation will change. The best way to prepare yourself is to get a good understanding of your finances as quickly as possible.

Help with money worries

If you are worried about your mortgage, loan or other debts, we can support you. The sooner you get help, the better.

Check to see if you have Payment Protection Insurance (PPI). It's insurance that pays out a sum of money to help you cover repayments on your loan, credit card, or mortgage (product) in certain life events. It may help if you’ve been made redundant. Please bare in mind that this information is only a guide to what benefit you may be able to claim. All claims are assessed, based on your current policy terms and conditions.

Money worries

Review and manage your money

We have the tips and tools to help you manage your money, whether you are budgeting, borrowing or saving.

Make use of our budget calculator and advice to help you manage your bills. We can also support you with your savings and help you plan for the future you want.


Managing your money

Free independent help

There are free independent debt advisers who can help you with your money. You can also get support from your national government. They can give advice on a range of benefits and housing options that you may be able to claim.

Get help now

More help and support if you are made redundant

Look after your mental health

Facing change can cause stress and anxiety. It can make dealing with money or your finances difficult. We have help and support available for you.

Mental health support

Know your rights

Your employer must treat you fairly and follow the legal redundancy process. To understand what this process involves, MoneyHelper is an independent third party that can help you.

Understanding redundancy

Support from Jobcentre plus

You may be able to claim benefits while you are looking for work. You can find information on the government website. They also have a job search tool available. Take a look. There may be a job to suit you.

Jobcentre Plus

Digital skills

Finding and applying for jobs can be tough. There are online courses that can help you search and apply for jobs. This may help to make the process easier and open up more opportunities for you.

Learn My Way is a website that has free courses to help you search, prepare and get your ideal job. All you need to do is register!

Learn My Way