From Dealroom · · 50s
UK's Burnham pledges to loosen non-compete rules for startups
UK Prime Minister Andy Burnham promises to ease startup non-compete rules without full ban.
In brief
UK Prime Minister Andy Burnham promises to ease startup non-compete rules without full ban. UK Prime Minister Andy Burnham will legislate to reduce restrictive non-compete clauses for startups but has not committed to a full ban. Originally reported by Dealroom.
Burnham pledges non-compete rule changes
British Prime Minister Andy Burnham confirmed he will legislate to ease restrictive non-compete clause rules for workers at a Manchester innovation summit.
“will no longer be a barrier to hiring for our most promising start-ups and scaling firms”
Scope remains open for debate
Burnham stopped short of committing to a full ban and has not set out how far the rules will go, leaving scope for future legislation.
Endgame: innovation sector focus
Burnham called the action the 'Bosman ruling for the innovation sector' to reshape how workers move between companies without stifling innovation.
“stunt innovation”
What matters most
UK Prime Minister Andy Burnham will legislate to reduce restrictive non-compete clauses for startups but has not committed to a full ban.
