What does the new Labour government mean for employment?

In the run-up to the election, the Labour Party proposed significant reforms to UK employment law under the initiative “Labour’s Plan to Make Work Pay: Delivering A New Deal for Working People”

With Sir Keir Starmer’s Labour Party having won the 2024 general election in a landslide victory, legislation is expected to be put before Parliament within the first 100 days of the Labour Party assuming office.

This blog will explore some of the promises Labour have promised to deliver.

Clean Energy

A central element of Labour’s manifesto was the creation of a new publicly-owned clean energy company, Great British Energy, to stimulate investment in renewable energy technologies. This initiative will be supported by an £8.3 billion government investment.

Labour has set ambitious clean energy targets, including plans to "double onshore wind, triple solar power, and quadruple offshore wind by 2030." Additionally, they will invest in carbon capture and storage, hydrogen, and marine energy, aiming to establish the UK’s long-term energy storage infrastructure.

A crucial aspect of this strategy is Labour's commitment to lifting the effective ban on new onshore wind developments. By reforming planning regulations, the party expects to more than double onshore wind capacity to 35GW by 2030.

This is great news for the energy and renewables sector with this investment likely to significantly grow the market and create more jobs. This is where our team here at Multitask Personnel come in to help find the perfect candidates for those jobs!

Skills and training

Labour plans to address falling apprenticeship numbers and skill shortages by establishing ‘Skills England’ to bring together business, training providers and unions with national and local government to ensure we have the highly trained workforce needed to deliver Labour’s Industrial Strategy.

Shadow education secretary Bridget Phillipson says the party will allow businesses to use up to 50% of the cash provided by the government to fund apprenticeships or training for existing staff in ‘high-level technical skills’. This training will be for jobs in sectors such as the Mechanical & Electrical. Our team at Multitask Personnel can help find jobs for those candidates or for businesses in that sector looking to recruit.

New Industrial Strategy

To advance its economic growth objectives, the Labour Party intends to launch a new industrial strategy aimed at developing domestic supply chains crucial for attaining net zero and other long-term targets. Additionally, they plan to establish Britain as a leading exporter of future technologies.

A newly formed Industrial Strategy Council will offer expert guidance. Labour also plans to create a National Wealth Fund to stimulate investment in growth and clean energy, allocating £7.3 billion for this purpose and aiming to attract £3 of private investment for every £1 of public investment.

In summary, the new Labour government’s strong emphasis on renewable energy and infrastructure development is likely to create significant opportunities and jobs in these sectors.

If you are a candidate looking for your next career move or an employer looking to strengthen your team, contact us at 01709 820102 or email us at enquiries@multitaskpersonnel.co.uk today to see how we can help.

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