BIS seeks views on whether restrictive covenants are stifling innovation

BIS has issued a call for evidence on whether post-termination restrictions in employment contracts act as a barrier to employment, innovation and entrepreneurship.

BIS has issued a call for evidence on whether post-termination restrictions in employment contracts act as a barrier to employment, innovation and entrepreneurship. The types of restriction concerned are those that prevent employees from working for competitors or soliciting clients from their former employer for a specified period – often several months – after their employment terminates. BIS state they are asking for views because “employment rules may be stifling British entrepreneurship by preventing employees from starting up their own business after leaving a job”. The results of the survey will be fed into the Innovation Plan, aimed at making Britain the most attractive place in Europe to start up new businesses, which is due to be published later this year.

Content Note

The aim is to provide summary information and comment on the subject areas covered. In particular, where employment tribunal and appellate court cases are reported, the information does not set out full details of all the facts, the legal arguments presented by the parties and the judgments made in every aspect of the case. Click on the links provided to access full details. If no link is provided contact us for further information. Employment law is subject to constant change either by statute or by interpretation by the courts. While every care has been taken in compiling this information, SM&B cannot be held responsible for any errors or omissions. Specialist legal advice must be taken on any legal issues that may arise before embarking upon any formal course of action.

Read more

Latest News

Read More

European AI Act: What employers need to know

20 February 2025

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

University of Oxford – Said Business SchoolSalary: Competitive Dependent on Experience This provides summary information and comment on the subject areas covered. Where employment tribunal

University of Buckingham – Human ResourcesSalary: £44,544 per annum (Band 5) This provides summary information and comment on the subject areas covered. Where employment tribunal

We are looking for a highly experienced Trust HR Director/Consultant to join the schools immediately for a 6-12 month contract, paid on a competitive daily

Ideas | People | Trust We’re BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE