Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

CIPD: Spring statement fails to support employers, risking productivity and jobs

by March 27, 2025
March 27, 2025
CIPD: Spring statement fails to support employers, risking productivity and jobs

The government’s 2025 spring statement has come under fire from the CIPD, the professional body for HR and people development, which warns that the Chancellor’s plans risk undermining business productivity and job creation by failing to address the real workplace challenges faced by employers.

While the Chancellor announced increased funding for defence and infrastructure, CIPD Head of Public Policy Ben Willmott said the statement lacked meaningful support for businesses and failed to tackle the growing cost and complexity of employing staff in the UK.

“While the Chancellor highlighted welcome support for key sectors such as defence and plans to boost investment in infrastructure and housing, there was no recognition of the need to provide more support for employers,” said Willmott.

He warned that recent government moves — including national insurance hikes and the forthcoming Employment Rights Bill — have added costs and regulatory burdens to businesses at a time when they need greater flexibility and support.

“We now need to see the Government back businesses by setting out how it will work with employers to address these challenges and boost productivity, as together these measures stand to undermine business investment in workforce training and employment,” he said.

CIPD data has shown that regulatory uncertainty and rising employment costs are already having a chilling effect on hiring and investment, particularly in skills development. Willmott urged the government to ensure that new regulations under the Employment Rights Bill do not unintentionally deter recruitment — especially of young people and those who need additional support to thrive at work.

“If the Government wants to see more people in work, then there must be jobs for them to go to. It’s important that new regulations don’t deter employers from hiring staff,” he said.

The CIPD also called for a clear implementation plan for the Employment Rights Bill, including additional funding for ACAS and the employment tribunal system, to cope with a likely rise in claims once new rights come into effect.

On skills, Willmott called for urgent action to benefit everyday economy sectors that employ millions across the UK. This includes fast-tracking consultation on the proposed Growth and Skills Levy to give businesses the tools they need to upskill their workforce and tackle labour shortages.

He also urged the government to support the forthcoming recommendations from the Keep Britain Working review — particularly on improving access to occupational health services for SMEs, helping more people stay healthy and in work.

“The Government has been quick to introduce costs, but now is the time to back British businesses,” Willmott concluded. “This means real investment in skills, genuine engagement with employers, and a practical approach to regulation — all essential for driving long-term economic growth and keeping people in good jobs.”

Read more:
CIPD: Spring statement fails to support employers, risking productivity and jobs

0
FacebookTwitterGoogle +Pinterest
previous post
Trump admin declares the Atlantic’s Signal article a ‘hoax’ after it drops ‘war plans’ rhetoric
next post
Bring Back Rescissions: How to Realize DOGE Savings

You may also like

Energy Bill Support Scheme will be extended in...

December 14, 2022

International Financial Group Finds Gaps in Digital Euro...

October 8, 2023

Accounting for Nature

August 8, 2023

Apple agrees to £77M settlement over alleged Siri...

January 4, 2025

Raising trends and development of Mobility in the...

February 15, 2023

Ministers in talks with Norway and Qatar for...

October 5, 2022

Biffa Sues Scottish Ministers for £200m Over Failed...

June 19, 2024

British government blocks takeover of Welsh semiconductor producer

November 17, 2022

Small business bosses say they are resilient and...

June 2, 2025

Mayors Burnham and Street Unite on Cost-Effective Alternatives...

February 8, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Friday Feature: Incubate Debate

      June 6, 2025
    • Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

      June 6, 2025
    • Universities in Libertarian Land

      June 6, 2025
    • Elon Musk may speak to Trump aides in push to calm feud

      June 6, 2025
    • Everyone Talks About Leaving a Better Planet for Our Children: Why Don’t We Leave Better Children for Our Planet?

      June 6, 2025
    • MARK HALPERIN: Democrats try to construct a Frankenstein candidate while JD Vance gains momentum for 2028

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,013)
    • Politics (15,545)
    • Stocks (3,130)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved