Brief by Shorts91 Newsdesk / 03:11pm on 27 Sep 2024,Friday International
At Labour’s annual conference in Liverpool, business leaders sought clarity on the party’s economic policies following its election victory. Chancellor Rachel Reeves hinted at a potential relaxation of fiscal rules to prioritize UK investment in the upcoming budget on October 30. Meanwhile, leader Keir Starmer urged executives to collaborate directly with the government. Labour’s “new deal for working people” aims to reform employment rights, including banning zero-hours contracts. Business Secretary Jonathan Reynolds confirmed legislative plans will be announced by October 10, promising a maximum six-month probation period and protections against unfair dismissal.
