Banning zero-hours contracts could cost businesses up to £2.9 billion
A recent government evaluation indicates that prohibiting zero-hours contracts might incur annual expenses for businesses ranging from £350 million to £2.9 billion. An impact assessment released on Wednesday states that the planned workplace changes are anticipated to "support growth" through enhanced employee conditions. Retailers and various business organizations have expressed apprehension, with the British Retail Consortium characterizing the prospective expenditures as "a significant detriment to the employment opportunities of young individuals."
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