Cable: 'Govt against hire-and-fire culture'

Vince Cable has told Daybreak that he is "firmly against a hire and fire culture" but still wants to have confidence in small businesses so that they can hire people.


Unfair dismissal payouts capped

Workers will face a cut in how much compensation they can win for unfair dismissal at employment tribunals. The Business Secretary Vince Cable is set to also announce he's dropping plans to make it easier to fire under-performing staff.