Tue, 2 Jun 2009
More could be done to support small
businesses struggling with the burden of dealing with employment law,
it has been claimed.
Employment law and other regulatory measures are some of the most costly burdens faced by small businesses and more could be done to support such organisations, it has been claimed.
Phil McCabe, a spokesperson for the Forum of Private Business, said that such time-consuming bureaucracy poses a threat to the ability of firms to recruit and retain staff.
To this end, more needs to be done to support small business owners, he said.
"A moratorium on new employment law would provide some degree of respite and allow struggling firms to better focus on staying alive," said Mr McCabe.
He noted that the Forum of Private Business has called on legislators to help businesses do all they can to retain their staff. Such steps could include modifying the current Working Tax Credits Scheme in order to give more support to short-time working initiatives.
Both the government and European legislators could work to limit the number of new regulations being created for small business owners, he added.
Earlier this week, the British Chambers of Commerce called for business to be placed at the "very heart" of the EU agenda, arguing that protectionism should be wholly rejected and that a moratorium on new employment laws should be introduced in order to allow firms the chance to fully focus on their survival throughout this downturn.
Aside from this, there should be a revolution in financial regulation for businesses and a completion of a single European market that works effectively at ground level.
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The learndirect team