Ministers had intended to announce before the end of this month whether they would introduce fresh legislation on modern working practices. At last, paid holiday for 'gig economy' workers. But the Treasury is thought to harbour concerns that any action that increases the cost of employment could reduce the total UK employment rate. Self-employment has accounted for 45% of all UK employment growth since 2008, according to the Resolution Foundation thinktank. “It is quite right the government gives due attention to the recommendations.”One of the major gig economy companies told the Guardian that shifting self-employed contractors to worker status would increase the unit labour cost by 20%.

Source: The Guardian December 06, 2017 06:00 UTC