Government Plans to Investigate Red Tape “Stifling” British Businesses
Employment rules that could be ‘stifling British entrepreneurship’ by preventing employees from starting up their own business after leaving a job are to be investigated, business secretary Sajid Javid has announced. Businesses across the UK are to be asked their views on ‘non-compete clauses’ among other employment related issues in a government effort to back small businesses and entrepreneurs. The research will also contribute to the government’s ‘Innovation Plan’ – which is focused on promoting high tech business and advanced manufacturing ‘Non-compete clauses’ can be written into employment contracts and can prevent individuals from competing against their former employer or working for a competitor for a set period of time, sometimes up to nine months after leaving a firm... »