The shadow business secretary for the Conservatives has announced plans to implement a ‘one in, one out’ policy for rules dictating employment law.

Speaking at the ongoing Conservative party conference, Ken Clarke announced that should the party get in at the next general election, it would not set any red tape without first making a compensatory cut in costs elsewhere.

“The excessive regulation that businesses – and the great public services – face, has to be swept away,” he added.

Such changes would be enforced by a new “star council”, which would work to make sure new employment law was well balanced against the scrapping of any existing regulations.

Another area of employment law which could be set to change under the Conservatives is the mandatory age of retirement.

The party announced this week it plans to increase the retirement age for men to 66 by 2016, while women will see the mandatory limit increased by 2020.  See story here.

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2 Responses to “‘One in, one out’ for employment law”

1. Alan Jones Says:
   October 7th, 2009 at 1:07 pm

   With regard to the “mandatory retirement age” – what mandatory retirement age – it won’t be there for much longer. With regard to the age at whihc you will qualify for your state pension – of course it has to increase, humans are living a lot longer, and we are generally fitter in our 60’s than ever before. Working a few extra years, maybe even until 70 will soon become the norm. If you want some ‘pension’ style income before 65, then I recommend you start investing and saving – e.g. using ISA’s which are tax free. All goverments labour and Conservative are encouraging people to save for their retirement. hence new ISA allowance increases etc. In my opinion they need to go further with this. As a nation we also need to teach our kids wealth education!

2. Andy Says:
   October 7th, 2009 at 1:14 pm

   Agreed with many of the points Alan makes, however, the irony is that on the one hand we are told that we must work longer and pay more national insurance to get a pension, on the other we are also told that we can be forced to retire at 65.

   Ours hasn’t been a spend and save society for a long time and our finance system is not condusive for saving for retirement. Pensions are being eroded, costing more for less benefit, and we are told to like it.