As new social rules were coming into force on October 1st, the main British employers' confederation, CBI, (see our article n°06950), published a report called "Lightening the load: he need for employment law simplification" in which it estimates the expenses, for firms, of the application of the social legislation introduced since 1998 at 37 billion pounds (about 54 billion euros) and asks the government to stop any initiative regarding labor law. (Ref. 06968)
According to the report “Lightening the load”, published on Monday, October 2nd, the 35 new laws that came into force these last 9 years, and the administrative expenses they have generated, cost 37 billion pounds (about 54.6 billion euros). This counting is taken from the cost sheets worked out by the government for every bill. British firms are rather good in this ciphering game. Already, last March, the Chamber of commerce had calculated the cost of the adaptation of firms to the new regulat
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