The CIPD has responded to concerns that worker protections could be ripped up as part of a post-Brexit overhaul of UK labour employment law, warning that the current framework already strikes the right balance for workers and employers.
Following the Chancellor’s commitment to provide new grants to businesses, the CIPD, the professional body for HR and people development, is urging the Government to extend the furlough scheme to the end of June.
In his Spending Review yesterday the Chancellor, Rishi Sunak, highlighted a disparity between public sector and private sector wages, adding he "cannot justify a significant, across-the-board" pay increase for all public sector workers in the circumstances.
Following the news that Chancellor Rishi Sunak will announce a £4.6bn package to help the unemployed back to work in the Spending Review, please find a reactive comment from Mariano Mamertino, Senior Economist for EMEA at LinkedIn, below:
Unemployment though low by historic standards at 4.8%, rose sharply by 0.7 percentage points on the quarter. Redundancies reached a record high of 314,000 suggesting that unemployment will continue to rise over the winter.