Labour ’s four-day week proposal.

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Labour’s four-day week ‘to cost taxpayers £17bn’.. Jeremy Corbyn’s plan to introduce a 32-hour working week has been challenged by business leaders. Image Credit: Gareth Fuller / PA Press Association, 2019.

Labour ’s four-day week ‘to cost taxpayers £17bn’.. Jeremy Corbyn’s plan to introduce a 32-hour working week has been challenged by business leaders. Image Credit: Gareth Fuller / PA Press Association, 2019.

Labour ’s four-day week ‘to cost taxpayers £17bn’.

JJeremy Corbyn ’s plan to introduce a 32-hour working week has been challenged by business leaders. Jeremy Corbyn’s aim to introduce a four-day working week would cost the taxpayer at least £17 billion a year because of the impact on the public sector wage bill, a new analysis has shown. John McDonnell, the shadow chancellor, told the Labour conference in September that the party would reduce average full-time hours to 32 a week within a decade “with no loss of pay”. People should “work to live, not live to work”, he said.

Research by the Centre for Policy Studies, a centre-right think tank, has found that reducing the hours of public sector employees, including doctors, nurses, teachers, firefighters and police officers, would impose a significant extra burden on the Treasury because the workforce would have to expand.

 

nformation and Image have been shared from an Article by  Rachel Sylvester, Alice Thomson, Henry Zeffman, published at The Times, London, UK, on November 5th, 2019. Image Credit: Gareth Fuller / PA Press Association, 2019.


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