The Employment Rights Bill is back in parliament today for more ping pong. The Tories have unravelled new statistics on how bad it will be…
- 23-32% of employers will make redundancies because of the bill.
- If there are 1.4 million private sector employers, that means between 326,000 and 453,760 have signalled they are more likely to lay off workers.
- Welfare costs will rise by over £500 million if 326,000 individuals are without a job for only four months. Maths thinking on display…
- 108,964 years of working time will be lost from redundancies at the lower end of projections, and there will be £8.3 billion in lost annual output. That’s the lower end of estimates…
Talk of sound minds in Labour watering down the bill after Rayner’s departure has not yet borne fruit. Scared of Angela’s ghost…
