Employment tribunals increase but businesses fail to act

Nearly two thirds of smaller businesses are leaving themselves exposed to legal action from their own employees, despite the number of employment tribunals increasing by 15% last year, according to figures released by Hiscox.

The annual Hiscox Risk Barometer has revealed that 62% are playing a dangerous game by failing to protect themselves against possible employee legal action, even though one third are concerned that they could become a victim of the UK’s growing compensation culture.

Government figures show the number of cases brought to employment tribunals increased to almost 133,000 last year, with claims relating to unfair dismissal and equal pay accounting for most cases.

A poorly-worded dismissal email or

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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