Labour ditches day-one protection from unfair dismissal in U-turn

The UK government has decided to abandon its initial plan to allow workers to claim unfair dismissal from their first day of employment, opting instead for a six-month threshold. This change follows a negotiation between major business groups and trade union leaders, marking a significant shift in Labour's approach to employment rights.

Chancellor Rachel Reeves has presented the UK Budget for 2025, which includes a £26 billion tax increase and increased welfare spending aimed at addressing the ongoing cost of living crisis. This budget is a significant move for the Labour government as it seeks to balance fiscal responsibility with the needs of citizens facing economic challenges.

A significant overhaul of workers' rights is imminent, raising questions about its potential impact on the workforce and labor market dynamics. This change is expected to reshape the landscape of employment regulations and protections for workers across various sectors.

Businesses in Surrey have expressed mixed reactions to Chancellor Rachel Reeves' recent Budget, which includes significant reforms aimed at addressing the ongoing cost of living crisis. The Budget features a £26 billion tax increase and changes to welfare policies, which have sparked varied responses from local enterprises.

Typical gas and electricity bills in the UK are expected to decrease slightly starting in January, following the introduction of a new energy price cap. This change is projected to lower the average annual energy bill by £22, bringing the total to £1,733 according to Cornwall Insight.

Editor’s Note: This change in energy prices is important as it affects household budgets and overall energy affordability. Understanding these adjustments helps consumers plan their expenses better.

The recent Budget announcement has left businesses questioning the lack of significant pro-business measures, as highlighted by Simon Jack. The absence of growth-oriented policies has raised concerns among business leaders about the future economic landscape.

The Institute for Fiscal Studies (IFS) has reported that average disposable income in the UK is projected to increase by only 0.5% annually over the next five years, indicating a dismal outlook for household spending power. This stagnation in income growth raises concerns about the financial well-being of families across the country.

Chancellor Rachel Reeves has faced criticism from business leaders for failing to stimulate economic growth in her recent budget announcement, which was expected to address the UK's cost of living crisis. The budget, which included significant tax increases, has been described as a missed opportunity to fulfill Labour's pledge to boost output.