From Yahoo Finance: 2025-06-21 02:00:00

In a scathing critique, Currys chief executive Alex Baldock warns that Labour’s policies could hinder job creation by increasing costs and red tape. The Employment Rights Bill is a major concern for businesses like Currys, with potential job losses looming due to inflexible regulations. Business leaders are urging the government to reconsider these reforms to avoid negative impacts on employment.

Retail and hospitality sectors are crucial for the UK economy, employing millions and providing essential entry-level opportunities. However, government policies such as tax increases and employment law changes are threatening the viability of these jobs. With potential job losses on the horizon, businesses like Currys are calling for a reevaluation of these policies to support job creation and economic growth.

Read more: Labour policy ‘actively working against job creation’, says Currys boss