Red tape warning to firms

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WIGAN firms will be left millions of pounds worse off by new employment laws.

That was the grim warning from local Chamber chiefs who say regulations in the pipeline such as Right to Request Time off to Train, the Agency Workers’ Directive and Pensions Reform will over the next four years cost Greater Manchester businesses a staggering £869m.

Greater Manchester Chamber deputy chief executive Chris Fletcher said: “The Government is putting a heavy burden on businesses when they are least able to carry it.

“On the one hand it is encouraging businesses to expand, while on the other hand it is hitting them with an enormous bill like this.

“These extra costs will discourage existing businesses from taking on more staff just at the time we need the private sector to provide more jobs as the public sector shrinks.

“They will also put people off starting new businesses.”