UK Treasury Offers Voluntary Exit Payments of Up to £100,000 as Staff Cuts Planned
The UK Treasury has put forward voluntary exit packages worth as much as £100,000 ($136,790) to encourage officials to leave amid proposals to cut several hundred jobs. Finance Minister Rachel Reeves is targeting a reduction of about 300 roles from current staffing levels of roughly 2,100 by 2030, as part of a government-wide effort to trim adminis…