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Evening Standard
Evening Standard
Pa Political Staff

Tories warn of ‘existential crisis’ as Employment Bill to cost firms billions

The Conservative Party has called for small businesses to be spared from changes to employment rights (Lauren Hurley/PA) - (PA Wire)

Small businesses should be spared from some of the proposed changes to employment rights, the Conservatives have suggested, as Whitehall’s own analysis of the legislation shows it could cost firms almost £5 billion annually.

Shadow business secretary Kevin Hollinrake argued the Employment Rights Bill would create “an existential crisis of a magnitude not seen since the pandemic” for smaller companies.

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