Consultation on the operation of restrictive covenants or non-compete clauses
The Department for Business, Energy & Industrial Strategy (BEIS for short) has given notice that it is seeking views on proposed changes to the operation of post-termination clauses in contracts of employment (more commonly referred to as "restrictive covenants" or "non-compete clauses"). The prospect that the creation of business initiatives (and employment opportunities) may be undermined by the introduction of restrictions on covenants will be a matter many business owners and managers will wish to consider carefully.