UK Zero-Hours Contract Crackdown Could Cost Firms Up to £2.9 Billion a Year, Government Analysis Shows

3-line summary

• UK businesses could face costs of up to £2.9 billion a year from a crackdown on zero-hours contracts, according to the government's own analysis, with the middle estimate at £1.1 billion.
• About £1.2 billion of the upper-end cost would come from compensation for cancelled shifts; officials said the reforms could also provide a £10 billion economic boost from improved wellbeing and productivity, which would lower the net cost.

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