Britain's Chancellor of the Exchequer George Osborne
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Redundancy rules could be relaxed, says government

Rules governing levels of compensation for workplace discrimination and how long firms have to consult staff over job losses, are to be reviewed.

Chancellor George Osborne said that if the government was to support job creation it could not shy away from looking at difficult issues.

The protection of staff terms and conditions when a firm is transferred to a new owner is also to be reviewed.

Labour said the proposals would make working life less secure.