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Stock impact report

Labour risks making people poorer, warns Currys chief [Yahoo! Finance]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: Yahoo! Finance
Alex Baldock told The Telegraph that Sir Keir Starmer needed to be “careful” with an overhaul of employment rights if the Labour Party wins the general election. Labour has pledged to secure a “new deal for working people” if it comes into power, which it claims would “strengthen workers' rights and make Britain work for working people”. Plans include ending zero-hours contracts, scrapping qualifying periods for full employment rights and giving staff the right to claim unfair dismissal on day one of a new job. The Currys chief executive said Labour was “ certainly much more business-friendly than has been the case at times in the recent past”. However, he expressed concerns about the employment reforms being put forward by the Opposition. “Everyone should be careful that – admirably intended though it may be to seek to protect people – that you don't inadvertently make them poorer.” He added: “The more restrictions that you put in place, the less flexibility you allow in Show less Read more
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