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Government urged to stem job losses

Updated on 06 July 2009

Source PA News

Business leaders have urged the Government to do more to help stem the tide of job losses, including a scheme aimed at providing an alternative to redundancy.

The CBI warned that unemployment will rise to 3.03 million by next summer unless action was taken now to save jobs and businesses.

The group complained that levels of employment regulation had reached a "tipping point", having added £70 billion to business costs since 1998, shortly after Labour came to power.

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