The Chamber of Commerce responds to Vince Cable's announcement on employment regulation reductions.
The Government plans to merge, simplify or scrap more than 70 regulations, including merging 17 National Minimum Wage regulations into one set, creating a universally portable CRB check that can be viewed online, and simplifying the Transfer of Undertakings rules. The Chamber of Commerce urges Government to follow up on these promises; to comprehensively simplify employment regulations to give the British labour market greater flexibility and reduce these barriers to growth.
Chamber Head of Policy Steven Leigh commented:
“The Chambers of Commerce network has consistently lobbied Government on the issue of burdensome employment regulations. We are pleased to see some real developments on the ‘Red Tape Challenge’ but urge Government to deliver progress on these promises. It is imperative that the Government support growth, and we believe that more can be done to help businesses take on new staff. We have called on Government to extend the National Insurance Contribution holiday so that more firms can use this scheme in order to grow their business and employ more staff.”