No more employment law?
Meredith Hurst Wednesday, March 23, 2011
Now that would be a thought. This is not quite what Vince Cable the Business Secretary has proposed but what he has suggested is a three year moratorium on all new domestic regulation for businesses with fewer than 10 staff.
Mr. Cable is proposing to abolish the promised extension of flexible working rights affecting thousands of parents and families from April and will chair the "Reducing Regulation Committee" which will look at other ways to do away with badly designed legislation.
Companies will be invited to identify the rules that cause them the most headaches in a 'crowd sourcing' exercise.
One can't help thinking that this proposal has little substance because whilst less regulation is good for economic growth it is questionable what affect it will have. The majority of employment regulations are enacted pursuant to European directives and so the extent to which we can stem the flow of red tape is not clear.