Workers will be stripped of rights in firms with fewer than 500 staff, under Liz Truss’s plans to exploit Brexit to create a more “dynamic” economy.
A shock move to lift the threshold for businesses exempt from regulations from 50 to 500 workers – and possibly 1,000 employees – has raised the alarm over a bonfire of protections.
Crucially, a review – to be led by business secretary Jacob Rees-Mogg – will include all EU “retained law” which the prime minister has already vowed to replace by the end of 2023.
