UK Employment Rights Bill Faces Backlash Over Potential £5 Billion Business Cost

The proposed legislation aims to enhance worker protections but raises concerns of significant financial strain on small businesses.

Labour's Employment Rights Bill could impose costs of up to £4.5 billion annually on UK businesses, with small enterprises disproportionately affected.
Key reforms include day-one protections against unfair dismissal, guaranteed hours, and enhanced sick pay, sparking fears of increased prices and job cuts.
The bill seeks to reverse anti-trade union laws, potentially leading to more frequent strikes and increased union political spending.
Proponents argue that the reforms will boost productivity and worker well-being, despite the financial burden on businesses.
The bill has passed its second reading in Parliament, with ongoing debates about its economic implications and calls for exemptions for small businesses.