Rayner’s Employment Rights Bill is still taking heavy flak from Britain’s business leaders – a new survey from the Institute of Directors this morning reveals 72% of nearly 500 directors believe the legislation will harm UK economic growth. Who would have thunk it from Rayner’s big, beautiful bill?
It gets worse:
Unions are heavily in support while businesses report the added regulation will only exacerbate the sting from Reeves’ tax rises. The IoD’s chief policy advisor Alex Hall-Chen said:
“The Employment Rights Bill, in conjunction with the recent increase in employer National Insurance Contributions and above-inflation increases to the National Living Wage, is significantly damaging business hiring intentions and confidence in the UK economy. This research clearly shows that the Bill will undermine the government’s key aims of securing the highest sustained growth in the G7 and achieving an 80% employment rate.”
Shadow business secretary Andrew Griffith added “if Labour had worked in business they would know their choices mean that British workers will lose their jobs to robots and foreign workers.” His Majesty’s Cabinet of union stewards and complaints managers…
Sarah Pochin at Reform Scotland’s manifesto launch event: “I really wanted to come on in a Reform tartan burka, but apparently I wasn’t allowed… One day let’s do one of these events not live-streamed. We’ll do all the naughty stuff…”