BCC requests government intervention to prevent companies losing ‘key staff’

-

The British Chambers of Commerce (BCC) has called for the government to intervene to prevent more companies losing employees in the current economic crisis.

David Kern, chief economist at the BCC was commenting in the light of figures released by the Office for National Statistics which showed that unemployment rates rose by 6.3 per cent in the last three months of December.

Mr Kern said that businesses are keen not to "lose key staff" but are being hampered by lack of cash-flow.

He suggested that the government needs to intervene by "cutting business rates, freezing the national minimum wage and scrapping plans to increase National Insurance".

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

All of these measures, he said, would help companies to "keep hold of employees".

Specialist financial and banking recruitment consultancy FSS recently said during the recession employers need to provide their staff with "reassurance and good communication".

Latest news

Transgender staff excluded from single-sex toilets under new equality guidance

Transgender people must be excluded from single-sex toilets and changing rooms that correspond with their lived gender under updated...

Simon Coker: Closing the emotional gap – why AI in the workplace is as much a human challenge as a technological one

AI adoption is transforming how work gets done across every sector. But its deeper impact is less visible: it is reshaping how people feel about their work.

Employment tribunal delays stretch towards 2030 as lawyers warn system is nearing collapse

Employment tribunal hearings are being delayed for years as lawyers warn mounting backlogs are undermining workplace justice.

Keeping culture and purpose at the centre of a growing fintech

A fintech people leader explains how culture, wellbeing and purpose are being protected during rapid business growth.
- Advertisement -

Migrant worker with no right to work in UK wins discrimination case against employer

An employment tribunal has ruled that a migrant worker without the legal right to work in Britain can still pursue successful discrimination claims.

Government to replace some GP sick notes with return-to-work plans

Workers in four English regions will be directed towards personalised health and employment support as ministers test alternatives to GP-issued fit notes.

Must read

Chris Welford: The Performance Problem – part 2

In my last blog, I discussed some of the...

Gitte de Brabander: Strengthening employment rights – lessons from Belgium

As the UK Government introduces legislation for stronger worker protection, what lessons can be learned from Belgium?
- Advertisement -

You might also likeRELATED
Recommended to you