M&S chairman Archie Norman latest boss to sound alarm over Labour’s plans to reform
Planning ahead: Angela Rayner
Marks and Spencer chairman Archie Norman has become the latest boss to sound the alarm over Labour’s plans to reform workers’ rights.
Policies fronted by the party’s deputy leader Angela Rayner would see staff given rights from day one in new jobs as well as a crackdown on zero-hours contracts.
‘Any incoming government should consider carefully whether a package that reduces flexibility, makes it more costly to hire people and seeks to bring unions back into the workplace will help attract new investment,’ Norman told the Sunday Telegraph.
The M&S chairman joins a chorus of business leaders urging Labour to reconsider if Sir Keir Starmer wins the general election.
Norman, a former Conservative MP, said the UK has ‘some of the best employers, terms and practices in the world’.
Responding to the comments, shadow business spokesman Jonathan Reynolds said: ‘Labour are a proudly pro-business, pro-worker party.
‘[Business leaders] want the policy certainty they need to make long-term investments.’