Apparently all we need to get our sluggish economy up and running again is the ability to sack people more easily. This according to a man who gets at least some of his wealth lending to the desperate and charging them nearly 4,200% APR. This is definitely someone whose advice I want when I am down on my uppers.
According to the OECD, the UK already has one of the most business-friendly frameworks of employment law of any of its members, second only to the US. The chancellor, George Osborne, is obviously not convinced. He told The Sun newspaper yesterday we talk far too much about ‘union rights’ and not enough about the rights of unemployed people to get a job. That’s why he’s increasing the qualifying period for employees to make unfair dismissal claims from one to two years.