- Resources
- BIPO TIMES
- UK’s Labour Law and Employment Regulations
- October 2024
- Issue
UK’s Labour Law and Employment Regulations
The United Kingdom (UK) boasts a robust economy with a GDP of $3.2 trillion, making it the 2nd largest in Europe and 6th largest globally, with a low inflation rate of 2%. Its business environment is known for ease of setup and a well-established legal system, complemented by a highly skilled, educated, and multicultural workforce, with an employment rate of 75%.
The UK offers a publicly funded healthcare system (NHS), providing free medical care to citizens, residents, and long-term visa holders. Strategically located at the crossroads of global trade routes, it benefits from a time zone advantage, and its flexible labour laws make hiring and workforce management seamless.
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