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LABOUR’S plans for workers would be a “game-changer” for productivity and “boost growth” after years of economic decline, according to TUC general secretary Paul Nowak.
Mr Nowak will tell a Confederation of British Industry (CBI) conference today that, coupled with a coherent industrial strategy, Labour’s New Deal for Working People would provide the economic reset that the country needs.
The party has pledged to deliver new rights for working people through an employment Bill in its first 100 days in government.
Labour’s proposals include a ban on zero-hours contracts, strengthening flexible working and collective bargaining rights and introducing disability and ethnicity pay gap reporting.
Speaking on a panel alongside representatives of Siemens and Airbus, Mr Nowak will call on employers to “embrace Labour’s economic reset” and work with unions to boost productivity, skills and security at work.
He will say: “After years of economic decline, Labour’s new deal would be a game-changer for productivity and boost growth.
“Decent, secure jobs are essential to building a motivated, healthy, innovative workforce, where workers share fairly in productivity gains.
“It would mark a new era of a grown-up, constructive approach to industrial relations, where disputes are solved through negotiation.
“The Tories’ lack of an economic plan for jobs, growth and living standards has cost workers and industry dear.
“Decent employers will recognise the promise of Labour’s economic reset and work with unions to boost productivity, skills and security at work.”
CBI leader Rain Newton-Smith is expected to call on politicians to find a “consensus” and work with businesses to encourage sustainable growth.
Labour will use the conference to outline the party’s plan for businesses and call on the government to raise business investment to the level it was at before the Tories took power in 2010.
Shadow business and trade secretary Jonathan Reynolds will tell the conference: “As we approach the Autumn Statement this week, there will be lots of talk about ‘test balloons’ and ‘rabbits out of hats’ now that may make for great news.
“But it isn’t the comprehensive plan needed for British business to succeed.
“Of course, we will watch what the Chancellor says this week with interest, but I say to you: we don’t need things that generate a few headlines, we need a long-term plan for national renewal.”
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