Business Advice for all UK firms from starting a business to flotation
EU pass new maternity law
Business owners should be aware that the European Parliament has voted through proposals that would extend maternity leave from 14 to 20 weeks on full pay and introduce a compulsory fully paid paternity leave of two weeks.
UK business leaders lobbied against the proposal, which it is estimated could cost UK businesses around £2.5bn a year.
However, even though MEPs have approved the 20-week plan it cannot become law unless EU governments back it, and the UK's government is among those lobbying against it.
"Today's vote in the European Parliament will leave business dismayed. It is outrageous that the UK exchequer could be saddled with a bill for nearly £3bn," said David Frost, Director General of the British Chambers of Commerce.
"That the European Parliament has gone to the trouble and expense of conducting an impact assessment only to ignore the findings will seem incredible to our members."
Post Date: October 21st, 2010
UK business leaders lobbied against the proposal, which it is estimated could cost UK businesses around £2.5bn a year.
However, even though MEPs have approved the 20-week plan it cannot become law unless EU governments back it, and the UK's government is among those lobbying against it.
"Today's vote in the European Parliament will leave business dismayed. It is outrageous that the UK exchequer could be saddled with a bill for nearly £3bn," said David Frost, Director General of the British Chambers of Commerce.
"That the European Parliament has gone to the trouble and expense of conducting an impact assessment only to ignore the findings will seem incredible to our members."
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Post Date: October 21st, 2010




