Almost one in seven workers feel insecure about their job, particularly among those with a lower income, according to new polling.

The first of a new monthly City AM/Freshwater Strategy poll revealed that while the majority (87 per cent) feel secure about their job, one in seven don’t.

The data noted that this is particularly pronounced among lower income workers, as 18 per cent of those on a household income of less than £30,000 reported to be most likely to feel insecure.

Chief executive of Recruitment and Employment Confederation (REC), Neil Carberry told City AM that “runs counter to a lot of the narrative that we hear about insecurity”.

He explained “it’s a useful reminder when we’re thinking about a big Employment Rights Bill that bring up the cost of employment for firms tends to also increase insecurity because firms can’t give as much security.”

This comes after a vast number of businesses raised concerns about the future of the UK workforce under Labour’s new employment reforms revealed last October in Rachel Reeves’ Autumn Budget.

It was revealed in an economic analysis by the government that UK businesses are set to face around £5bn in additional costs annually as a result of the workers’ rights legislation.

In addition to these proposed law changes, Rachel Reeves also revealed in her Budget that the government will increase employers’ National Insurance Contributions (NIC).

UK businesses have since been sounding the alarm over rising costs following the announcement of the NIC changes, with warning of £400m in extra costs.