Business: Conditions of Employment
The question
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the Employment Rights Bill on business confidence and growth.
Answered by Justin Madders
The Department for Business and Trade has published a set of Impact Assessments that provide a comprehensive analysis on the potential impact of the Employment Rights Bill. This analysis includes con-sideration of impacts on businesses and economic growth and concludes the package could have “a positive but small direct impact on economic growth” and will “help to raise living standards across the country and create opportunities for all.”
This represents the best estimate for the likely impacts given the current stage of policy development. We plan to refine our analysis as policy development continues, working closely with external experts, businesses and trade unions.
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