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CITY AM – Firms set for ÂŁ5bn workers’ rights hitÂ
CITY AM SAYS British businesses are set to face around £5bn in additional costs annually as a result of the new workers’ rights legislation, with smaller businesses in hospitality and retail set to be hit the hardest.
As set out in a newly released economic analysis by the government, the new policies within the Employment Rights Bill will hit businesses’ pockets.