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Giving workers the “right to switch off” is key to productivity and could boost economic growth, Downing Street said.

Labour has promised to give employees the right to ignore work-related calls and emails out of hours, so homes do not become “24/7 offices”.

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Ministers are looking at models in other countries where there is already a right to disconnect, such as Ireland and Belgium.

The prime minister’s spokesperson today said the plan was about making sure “we’re not inadvertently blurring the lines between work and home life”.

She said: “The purpose behind this is ensuring that employees and businesses have the right arrangements in place to ensure that they can be productive.

“One of the central missions of the government is for growth and we know that productivity is vital to growth.”

The plans were not a “one size fits all” and would recognise companies vary and people have different roles, she added.

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‘Economic growth a fundamental mission’

In Ireland, a Code of Practice was developed in consultation with trade unions in 2021 – it requires employers to engage with staff on a “right to disconnect” company policy, setting out the circumstances when people can be contacted out of normal working hours.

The code is not legally binding in itself but can be used in evidence against employers in claims for breach of employment rights.

In Belgium, the right to disconnect is backed by legislation and only applies to companies with more than 20 employees.

The idea has grown more popular since the pandemic, which ushered in flexible working practices on the one hand but also made the line between home life and working hours more unclear.

Shadow chancellor Rachel Reeves, Labour Party leader Sir Keir Starmer and deputy Labour leader Angela Rayner, at the launch event for Labour's campaign bus at Uxbridge College, while on the General Election campaign trail. Picture date: Saturday June 1, 2024.
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Labour has promised a ‘New Deal for working people’

However, countries such as France and Spain have had rules in place for years, with France giving employees the legal right to avoid emails outside working hours back in 2017.

Labour proposed the “right to switch off” as part of its “New Deal for Working People” – a package of measures aimed at strengthening workers’ rights and boosting economic growth.

The deal, promised in the election manifesto, said the “right to switch off” would give workers and employers to chance to have “constructive conversations and work together on bespoke workplace policies or contractual terms that benefit both parties”.

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There have been reports that under the plan, employees could be able to take their bosses to a tribunal if conditions of employment are breached – including consistently contacting an employee after agreed working hours – entitling them to larger compensation pay-outs.

A government source told Sky News that the details of what “right to switch off” policies would look like were still being worked out and “it has to be something that businesses and their workforce agree among themselves rather than a diktat”.

“We’re conscious of the disproportionate impacts of these sort of policies on smaller businesses, that will factor in to how we draft it,” they said.

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Crypto firm LevelField secures Illinois approval to buy Chicago bank

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Crypto firm LevelField secures Illinois approval to buy Chicago bank

Digital asset-focused fintech firm LevelField Financial said it has secured conditional regulatory approval to acquire Chicago-based Burling Bank, marking one of the most notable crypto-banking acquisitions in recent months.

The move could see LevelField become the first Federal Deposit Insurance Corporation-insured chartered bank to offer certain crypto-integrated banking services across all US states and territories, LevelField said in a statement on Monday. Details of the deal weren’t disclosed.

The approval from the Illinois Department of Financial and Professional Regulation puts Burling Bank one step closer to being renamed LevelField Bank. The parties are still awaiting approval from the Board of Governors of the Federal Reserve to become a bank holding company.

The newly-branded LevelField would seek to offer 24/7/365 crypto-banking services, including Bitcoin (BTC)-backed loans, Bitcoin rewards credit and debit cards, as well as digital asset trading and custody services.

Burling Bank is a relatively small commercial bank, with around $196 million in net assets and roughly $158 million in customer deposits, according to Visbanking data. 

Source: Gene A. Grant II

LevelField will focus on serving businesses in under-banked sectors, all while benefiting from the security and regulatory oversight of the US banking system, CEO Gene A. Grant II said.

“Today’s approval is an important milestone for LevelField. I am grateful to our investors and partners for backing the patient, disciplined work it took to meet the necessary supervisory standards that protect consumers and businesses and make the US the home of the world leading banking system.”

Crypto industry’s relationship with banks remain tense

The move also strengthens ties between the crypto and banking sectors in the US, which continue to face friction despite a recent rise in institutional adoption.