62% of UK businesses fear declining investment due to potential stricter employment regulations under a new Labour government.

UK businesses, represented by the Confederation of British Industry (CBI), are apprehensive about potential stricter employment regulations under a new Labour government. Proposed measures include enhanced employee protections, such as parental leave and minimum hours, which employers worry could complicate hiring. A CBI survey indicates that 62% of businesses predict a declining investment climate in the next five years, with growing concerns over employment regulation challenges.

September 15, 2024
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