Redundancy

Some of you here don't seem to understand what is going to happen to "sacked" staff. No-one is sacked. The laid off people are being made redundant. The company owes them all redundancy money plus payment in lieu of notice. The company doesn't have enough money to pay, possibly, but the staff will become creditors, and rank above banks and other creditors (the Inland Revenue will rank first for missing PAYE and VAT, though). So if there is anything to liquidate, the staff will get some of the money owed.