I know Labour purport to want economic growth, but they’re doing their best to prevent this in private business.
I run a small business in the midlands. We employ 8 people and turnover $2million. We would love to expand, we have ideas and a plan. But to do this would mean taking on new staff and we’re so wary of doing this with the new workers rights laws. We’ve taken a chance on staff before - ones with big gaps in work history because of disabilities, caring responsibilities, illness. Some of these have worked out and some haven’t. But we need the ability to move them on if they’re not right - we’re too small to keep on a person who can’t do the job.
And you might say “well just fairly dismiss them then” and that’s fine - we have done that before and been taken to tribunal, spent thousands of pounds to have the tribunal find in our favour. Great - but there are no costs orders so we’re out of pocket whether we win or lose.
The cost of hiring staff now also means we just take on more and more ourselves instead of hiring another staff member. We would also like to take on a new commercial unit but the costs of rates, bills etc are just too high so we’ll try to reconfigure the one we have.
Everything we do is about saving costs instead of spending money to expand.
There must be thousands of small businesses like ours who would take on new staff, expand and actually create economic growth but are making different decisions due to this government’s policies.