Snapshot 2:Fri, Oct 11, 2024 5:53:56 PM GMT last edited by Brian

UK Announces Several New Employment Policies

Published OCT 11 2024

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Above: Britain's Prime Minister Keir Starmer (2L) at the first meeting of the Council of Nations and Regions at Queen Elizabeth House on October 11, 2024, in Edinburgh, Scotland. Image copyright: Andy Buchanan-WPA Pool/Pool/Getty Images News via Getty Images

The Spin

This bill is a tremendous attempt at protecting workers while also keeping businesses afloat. While the Labour Party is rightfully seeking to end exploitative contracts and unfair termination, it's also being pragmatic by allowing a consultation period to play out before enforcing wage- and hour-related policies. Any employment law must take into account both workers and small businesses.

Starmer's Labour government has no idea how its policy proposals would impact real-world business owners. In the middle of his economic summit this week, Transportation Secretary Louise Haigh was caught berating a ferry company, resulting in the company pulling out of a billion-dollar investmen deal. Bullying businesses for disagreeing with labor contract laws will not make the economy stronger.