Labour empowering HR professionals
Labour won’t boost growth by empowering HR professionals
- Labour’s Employment Rights Bill punishes both employers and workers
- A well-functioning labour market is one which adapts rapidly to change
- Tying up employers in red tape will do nothing to promote economic prosperity
The Government came into office hoping that by boosting economic growth it could maintain and expand welfare provision and pursue its many other objectives without excessive levels of taxation. It has not so far been successful; indeed, GDP appears to have fallen in the last two months.
The UK’s poor growth performance in recent years has many causes, but one important factor has been the way in which our labour market has been increasingly hampered by regulations and mandates imposed by successive administrations of both major parties.
An increasingly scelerotic [sic] labour market will particularly penalise new labour market entrants, who will struggle to find suitable work; expect higher youth unemployment and inactivity. But we will all suffer as faster economic growth, which could in principle ameliorate our desperate fiscal position, becomes a lost hope.
Source: https://akhaart.blogspot.com/2025/07/labour-empowering-hr-professionals.html
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