PoliticsLanguage: English
Burnham promises to curb non-compete rules in job contracts
Key Takeaways
- Prime Minister Andy Burnham vows to curb non-compete clauses.
- He argues the rules stifle innovation and worker mobility.
- Details of the new legislation are expected in the October 28 Budget.
- An estimated 5 million jobs in Britain are currently covered by such clauses.
Prime Minister Andy Burnham has pledged to restrict the use of non-compete clauses in employment contracts, arguing that they hinder innovation and prevent workers from changing jobs or starting new businesses. Addressing a summit in Manchester, Burnham stated that these restrictions affect millions of workers and hold back growing firms.
The government plans to release further details alongside the upcoming Budget on October 28. While previous administrations expressed concern that a total ban might hurt investor confidence, Burnham's administration aims to strike a balance to boost the UK's high-growth and everyday economic sectors.
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