Banning zero-hours contracts could cost businesses up to £3bn a year

The proposed workplace reforms are nevertheless expected to ‘support growth’ through the improvement of conditions for staff

Retailers have warned that a ban on zero-hours contracts risks inflicting a "hammer blow to young people's job prospects" after the government's own analysis found the move could cost businesses billions of pounds a year.

Zero hours contract ban could cost business up to £3bn a year  The Times

About £1.2bn will come from new rules forcing bosses to pay compensation for cancelled shifts

Labour’s ‘chaotic’ crackdown on zero-hour contracts could cost businesses nearly £3bn every year, though firms have warned the real cost could spiral even higher. The cost of the new rules, which include offering guaranteed-hour contracts to flexible employees and paying workers for cancelled shifts, has been revealed

Record number relying on zero-hours contracts despite crackdown plans | ITV News  itv.com