delete The Employment Rights (Increase of Limits) Order 2007
This Order updates statutory financial limits in employment law by substituting higher sums in various provisions. It revokes the 2006 equivalent Order and specifies 'appropriate date' rules determining when the new limits apply to different types of employment claims (unfair dismissal, redundancy, union-related claims, guarantee payments, etc.). The increases take effect from 1st February 2008.
Statutory caps on employment compensation distort labor markets, increase employment costs, and drive business elsewhere. Higher limits raise employers' liabilities, discouraging hiring and increasing litigation. Britons are better off with freely-negotiated employment contracts where parties can determine appropriate compensation levels without government-mandated ceilings that distort incentives and harm the very workers they claim to protect.