Labour are going to crash the economy/jobs market.

[Batmanisaplaceinturkey]

Just a few of the changes
-Making it harder to dismiss a bad hire.
-SSP a percentage of earnings, available from day one of sickness.

And now plans to raise employers NI.

All very well if the employer is Amazon or Google but not so much the independent coffee shop down the road, the plumbers merchant, the cobblers, the florist etc. More expenses and red tape for them but who cares eh. Even if they do survive their costs will have to rise.

Labours plans will have unintended consequences.

Heaven forbid anyone should think of the people other than corporate greed. Must be such a shock to the grasping.

Some.people (usually wealthy ones) have always complained and resisted when workers rights have been strengthened. There was a huge outcry when the national minimum wage was introduced saying businesses would collapse and it would be Armageddon. That didn't happen. Instead the National wage became policy for all political parties.

Indeed, come and join us on the jobhunter thread on the work forum if you like! There are a few of us bemoaning our fate - I have never struggled like I have now. If nothing else it helps to realise that it's not you - it's the market. Quite a few of us in the same boat wondering just how it has come to this.

Quote fail. Meant to quote @Williamborris

YANBU. I hired someone earlier this year. He did a good interview but it’s become very clear to me despite all the training and support we have given him that he’s not up to the job and now I’m worried that it’s going to be difficult to terminate his employment. If I’m stuck with him it means I will have no option but to find another job and leave and he will be someone else’s problem. Just today they have announced that mortgage lenders are increasing mortgage rates. Employer nation insurance contributions now look like they are going to go up. Shops and businesses will be closing. And it’s only been 100 days.

They had 14 years to prepare for this moment. I’m guessing they will still be blaming the Tories in 5 years time come the next election.

Rubbish idea. We should rejoin as soon as possible.

The hospitals and school and all public services must just run by themselves then. Odd as I always thought the corporate private sector paid for that, and our extortionate taxes.

Yes we are absolutely doomed. Labour have started so badly and it’s only downhill from here my friend. Buckle up. They have no idea what they are doing.

I absolutely agree with you OP. I've said it many times over the last few days - I'm absolutely sick to death of being portrayed as some kind of fat cat whose riches are because of my exploited underlings, simply because I employ a couple of young people part time.

This shower of total shit don't have a clue that anything out there exists other than the public sector and so called "big business". They appear have no idea that a very large number of people in this country make their living as sole trading microbusinesses, who work extremely hard and turn a modest profit. Certainly whose income is less than it would be if their worked for the local council or the NHS, for example.. Yesterday I had to work alone because a last minute job came up I couldn't afford to turn down though I had no staff - she was having a day's paid holiday. I don't begrudge her it, but I don't get paid holiday (or sick pay). If they want me to pay more NI on her behalf, fine. I'll make less profit, so they'll make less income tax from me, I'll have less money to spend in other businesses so I reduce their profit, and I'll pay less VAT on the things I buy.

I will have less to save into my private pension, you know that private pension I'm told is absolutely essential as they increase the age of my state pension again and again, and oh, we'll tax that too. Because you know, black hole. Not our fault.

They appear to be classing everything that has always been VAT free as "a loophole". They are ignoring the fact that as well as paying VAT, VAT registered businesses are also able to claim VAT, therefore there are a large number of wealthy private schools who have had capital investment in the last ten years who will be backdating their claims. Will they start charging VAT on nursery and childcare provision now? University fees? These are all education settings. Are they "loopholes" as well?

This policy was dangled in front of the electorate as a vote winner when they ignored the obvious implications, and now they are too stubborn to backtrack.

Fucking morons. They are doing a brilliant job of making this country swing hard to the right, and then we'll end up with morons of the opposite persuasion in charge, and I'm not talking about the Conservative party.

So you want to get rid of him based on his performance and competence? You have valid reasons for ending his contract. You're not planning on dismissing him unfairly, or firing him to employ someone else on lower pay. What's the problem? - you performance manage them and if they don't shape up you can fire them.

They're even proposing a consultation on a statutory probation period.

We've had increasingly left wing governance in Scotland for the past 20 years, and they've run us into the ground. Idealistic policies that, in the end, help no one. They've chipped away at incentive, chipped it to the bare bones.
In Scotland, if you endeavour to a better standard of living you're obliged to shoulder an increasingly bigger tax burden to fund an extra 20 quid for the chronically unemployed better services (our services are shit, and getting shittier).

Truss was an absolute bomb scare. It's interesting though that, on these chats, no one references the turn around Sunak orchestrated. Sunak was (every day of the week) a better punt for PM than Starmer.

Yabu.

Just that.

@WestwardHo1 indeed. 50% of GDP is generated by SMEs.

Surely it isn't much to ask that we have a Business Minister who is a successful entrepreneur, a Health Minister who is a qualified doctor, and Education Minister who has been a teacher, a Chancellor who has actually run a large company that operates internationally across international borders, a Minister for Equalities who actually has a disability or a close relative with one so has some comprehension of their brief, a scientist (who has actually developed technologies to market) to run the Ministry for Science, Research and Innovation etc? Some people with experience in change management and running businesses and other organisations who understand how to actually implement things that work, with the Civil Service there to provide the technical policy work and law, as they do for every Government.

The much maligned "technocrats" would be far preferable to this utter nonsense that gets spouted whichever colour of idiot is elected here.

Maybe, too early to call it.

I would love to be wrong about where all this is heading.

What system other than capitalism do you recommend? Given that it’s been the most successful and people have benefited immensely from it.

I suppose we can compare whether they crash the economy worse than the last lot who had to reverse all the policies and change the leadership. I doubt the consequences will be that bad.

The Tories said exactly this when Labour introduced the minimum wage. It didn’t.

nor of the reasons I vote labour is to improve the lot of workers. And I say that as an employer.

This country is a shadow of its former self, a disaster. For much of my life the Conservatives have formed the ruling Government pursuing their neocon agenda. I agreed with much of it to begin with, many people who grew up during the 70's did. However, I now realise all too late, that neocon is based on knowing the cost of everything and the value of nothing.

Pmsl! The hyperbole is strong with this one.

Workers rights are incredibly important, that Labour are restoring what the Tories stole away is a good thing.

I seem to recall the economy broke not so long ago and everyone's mortgages and fuel costs rose as result

I'm having flashbacks to the 90s when everyone said this would happen with the introduction of the minimum wage. It didn't.

Was literally just coming on to say this. Reinforcing worker's rights is no bad thing.

This is simplistic garbage.

If you were to think even a tiny bit about it, imagine what someone on the very first day of their job announcing they were pregnant would do to a tiny business employing four skilled, hard to find workers (including the employer who works twice as hard as any of the people s/he employs). Or someone calling in on their fourth day of work announcing they had been signed off with anxiety.

That'll be why so many salaries on 'the next rung up' have stagnated then, and by way of example, my husband who is a trained experienced graphic designer, is only on 25k per year.

The economy was growing much faster in 1999 when minimum wage legislation kicked in though, wasn't it?

We do not yet know what this Government will come up with. It appears to be hinting at NI increases and some pension changes. Notably to the inheritance position and tax free lump sums. These would be unwelcome in frankness and it does feel like every year I pay a bit more and get a little bit less (sometimes a lot yes). However, some way to go before you reach the Liz Truss economic madness levels.

I was skeptical but so far I'm pleased.
Economy doesn't seem to be crashing.
Some rights given back to the workers.
Saving taxpayer money on the great fuel giveaway to already affluent pensioners.
All good, get it all sorted as quickly as possible.