Fire and Rehire Debate
Full Debate: Read Full DebateLord Hendy
Main Page: Lord Hendy (Labour - Life peer)Department Debates - View all Lord Hendy's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 2 months ago)
Lords ChamberI said that we are committed to bringing forward a code and we will consult on it shortly, but as I said in response to the noble Lord, Lord Woodley, it is a complicated area of industrial relations and employment law. I assume that even the Labour Party would accept that we cannot ban redundancy if a company is going bankrupt. Therefore, by banning fire and rehire we would end up banning the rehiring part of it, which I am sure nobody wants to see.
My Lords, I take the point that banning fire and rehire would be extremely difficult, but what is the objection to regulating it by law?
I am grateful to the noble Lord for accepting the point that I am making: it is a complicated area and an outright ban would not be appropriate. Therefore, I assume that he will not support the Bill from his noble friend. However, we are prepared to regulate in this sector, which is why we are talking about introducing a code. That code will have a positive effect and will be able to be taken into account in any industrial tribunal proceedings, potentially resulting in an increase in compensation awarded.