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    CITY AM – Firms set for £5bn workers’ rights hit 

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    By News Desk on October 22, 2024 Business, Business Briefing, News Briefing
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    CITY AM - Firms set for £5bn workers’ rights hit

    CITY AM – Firms set for £5bn workers’ rights hit 

    October 22, 2024

    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.

    Business pages, City AM
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    Catch up on today’s business pages

    Business pages City AM
    Previous ArticleFT – Business faces £5bn a year bill while bedding in new workers’ rights rules 
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