UK financial firms may use Brexit as chance to amend employment laws

Brexit and the triggering of Article 50 are set to bring about many changes, especially in relation to employment.

UK financial firms may be set to use Brexit as an opportunity to amend employment laws – particularly capping the amount tribunals can pay out for discrimination cases, The Independent reports.

70% of the 43 financial firms questioned admitted that they would like to change the rules on sick leave and rolling over holiday pay, whilst a further 65% said they wanted the way equal pay cases are handled changed.

The survey was carried out by GQ Employment Law, and also found that some employees have allegedly used the threat of uncapped damages as a way of getting their employer to settle on a claim.