💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

UK promises safeguards on workers' rights after Brexit

Published 03/05/2019, 05:32 PM
Updated 03/05/2019, 05:35 PM
© Reuters. FILE PHOTO: British PM May speaks at the European Council headquarters in Brussels

LONDON (Reuters) - British Prime Minister Theresa May will on Wednesday offer parliament a greater say over changes to workers' rights laws after Brexit, seeking to win the support of wavering lawmakers as she prepares to put her EU exit deal to the test next week.

Less than three weeks until Britain leaves the European Union, the world's fifth-largest economy has yet to reach a deal on how to untangle more than four decades of legal, economic and political integration.

May will announce plans to write her promise of improved consultation over post-Brexit workers' rights into legislation and offer lawmakers, businesses and trade unions a say on whether Britain should match any future EU law on the issue.

"After Brexit, it should be for parliament to decide what rules are most appropriate, rather than automatically accepting EU changes," May said in a statement issued by her office.

"When it comes to workers’ rights, this parliament has set world-leading standards and will continue to do so in the future, taking its own decisions, working closely with trade unions and businesses.”

The move is seen as an appeal to lawmakers of the opposition Labour Party, seeking their backing at a vote next week when May will ask parliament to approve a revised exit deal. Her first deal was roundly rejected on Jan. 15.

To win the March 12 vote, May's minority government will likely need to rely on the support of rebel Labour lawmakers, some of whom are prepared to ignore their own party's instructions to block the prime minister's deal.

Many Labour lawmakers represent areas that voted heavily in favor of Brexit in Britain's 2016 referendum and fear their party's position to support a second referendum could alienate their constituents.

Labour - which has gone further than May by saying it would automatically keep pace with new EU laws on workers' rights - described the government's offer as a "pathetic bribe".

© Reuters. FILE PHOTO: British PM May speaks at the European Council headquarters in Brussels

"The government is admitting that British workers could see their rights fall behind those of colleagues in Europe. This is utterly unacceptable and workers and trade unions will not be fooled," said Rebecca Long-Bailey, Labour’s business policy chief.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.