BCC

Up to 300,000 workers will lose their jobs by 2011, pushing the number of people out of work close to 2m, a leading business group says today, The Times reports.

UK economic prospects for 2009 have ‘worsened' and the Bank of England and Government need to act proactively to counter threats to growth, the British Chambers of Commerce (BCC) warns.

As many as 20% of smaller firms would axe staff if forced to contribute towards the pension pots of their employees, new research suggests.

The British Chambers of Commerce (BCC) has called for a mandatory retirement age to be set at 65 but with concessions allowing the individual employers to stipulate the end point of the employer-employee relationship.