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Britain's £85bn Sickness Bill: An Economic Crisis Looming?

Britain is facing a potential economic crisis due to a rising number of sick and disabled individuals out of work. This report, commissioned by the Department for Work and Pensions, reveals a staggering 800,000 more people are out of work now compared to 2019, costing employers a whopping £85 billion annually.
Former John Lewis boss Sir Charlie Mayfield, who will lead a taskforce to address this issue, emphasizes the mutual benefit of keeping people in work for their health and the economy. The state spends a staggering £212 billion per year on illness-related inactivity, impacting growth, welfare, and the NHS.
The government has responded by partnering with over 60 companies, including Tesco and Google UK, to tackle this rising tide of ill-health. Their goal is to develop a voluntary certified standard by 2029, focusing on reducing sickness absence and improving return-to-work rates.
Loz Sandom, a 28-year-old with mental and physical health conditions, shares their struggle to find work, highlighting the need for employers to understand their duty to provide reasonable adjustments.
The Employment Rights Bill, currently in the works, aims to address these issues, including a right to guaranteed hours and a crackdown on zero-hour contracts. However, some businesses express concerns about potential stifled growth.
Join us as we delve into this critical issue, exploring the potential solutions and the impact on Britain's economy and society.

Видео Britain's £85bn Sickness Bill: An Economic Crisis Looming? канала Worldwide Perspectives
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