Will Labour's Employment Rights Bill force job cuts from UK small businesses?

A third of small businesses in the UK expect to cut jobs in the near future due to fears that the government’s upcoming workers’ rights package will leave them facing painful tribunals and a higher sick pay bill. A fresh survey from the Federation of Small Businesses (FSB) shows that in the fourth quarter of last year, 33 per cent of small employers said they expect to reduce their headcount; nearly double the 17 per cent planning redundancies in the previous three months. Similarly, fewer businesses are looking to hire. Just 10 per cent of small business bosses are making plans to take on more staff, compared with 14 per cent between June and September. Read more of the story here 👇 https://www.cityam.com/workers-rights-a-third-of-small-firms-plan-to-cut-jobs/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Ali Lyon, Scarlett Wild, Emmanuel Nwosu #news #politics #business #businessnews #smallbusiness #sme #politicalnews #ukpolitics #uknews #labourparty #labour #keirstarmer #rachelreeves #economy #jobcuts #jobmarket