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Mobile phone giant to axe 3500 jobs and close down factory
06/10/2011
It has been announced recently that Nokia will be closing down a plant in Romania and cutting another 3,500 jobs as a part of their restructuring plan.
This announcement comes after thousands of jobs have already been cut by the mobile phone company.
However, this is far from the only company cutting jobs. Many of the major companies and businesses have been hit by this financial climate and have been forced to cut costs. From global company, BAE System to broadcasting house, BBC everywhere has been affected. Even emergency services such as the police and military groups such as the navy have needed to cut jobs.
So, with the financial climate hitting everyone, homeowners aged 55 and over have another avenue to turn to when money is needed, equity release.
Equity release plans give homeowners the ability to release funds from their property that would otherwise be tied up. This released money can be spent on anything from helping to invest in your grandchildren’s future, going on that dream holiday or topping up your pension or income.
Equity release can help free up those funds to buy or invest in something you would not have otherwise been able to afford.
To find out more about equity release or to see if we can lower your interest rate on any existing plans contact the right equity release.
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