Fears over Labour's plans to boost workers' rights are plunging British firms into 'damaging uncertainty' and fuelling fears for the economy, a new survey reveals.
Under plans championed by Deputy Prime Minister Angela Rayner , Labour is committed to a radical 'Make Work Pay' agenda – including giving workers protection from unfair dismissal from day one of a new job Labour pledged to introduce the necessary legislation within 100 days of taking office but the Employment Rights Bill has yet to be published.
The survey also highlighted how Government and business working together can meet the challenges of the new plans. Read More Keir Starmer faces new calls for 'cronyism' probe after failing to declare gifts to wife from donor 'Businesses are concerned that achieving these goals in the wrong way risks significant unintended consequences for growth and for workers.'
However, for the Tories, Shadow Business and Trade Secretary Kevin Hollinrake accused the Government of 'hanging the Sword of Damocles over the heads of business'.