Small businesses warn of layoffs as new employment rights bill prompts worry

The survey shows that 92% of small businesses fear the proposed employment law changes will undermine their hiring and expansion plans, indicating a strong consensus against the measures.

Tina McKenzie, from the FSB, emphasized that small firms are concerned that the bill could deter recruitment due to increased legal risks associated with unfair dismissal claims.

The Department for Business and Trade argues that the proposed legislation is designed to boost living standards and economic growth, maintaining a balance between pro-business and pro-worker policies.

Critics argue that the new employment law changes, combined with recent tax hikes and wage increases, may elevate operating costs and dampen the already fragile business confidence in the UK.

Read at Business Matters