My prediction is that many employers, especially smaller firms, will see the Employee/Owner contract as bringing little marginal benefit. They will prefer to avoid another swathe of administrative cost and stick with the risks they know.

Is it time to think the unthinkable about the way we employ people in Britain? The question is prompted by the leaking of Adrian Beecroft's controversial report to the government, which recommends sweeping changes to aspects of UK employment law.

The latest proposal that Whitehall are supposedly considering is the rowing back of rights against unfair dismissal. It's worth having a quick recap of what this is, in order to assess whether it really is holding our economy back.

Proposals contained in a report commissioned by David Cameron to scrap unfair dismissal laws have been savaged by the Liberal Democrats and trade unio...