Category: Finance News

Mar 26

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 […]
Mar 26

Business reaction to Reeves’s spring statement: confidence remains fragile as costs rise and support lags

Chancellor Rachel Reeves delivered her 2025 spring statement today, outlining £14 billion in cuts to restore the UK’s fiscal headroom and committing £2.2 billion in defence investment. While the measures are aimed at tackling Britain’s debt and boosting economic resilience, business leaders have voiced concern that the statement did little to support growth, especially among […]
Mar 26

UK commits £3.25bn to public services and AI in spring statement to drive growth and productivity

Chancellor Rachel Reeves has pledged £3.25 billion to public service reform in her spring statement, placing artificial intelligence (AI) and cutting-edge technology at the heart of government efforts to boost productivity, modernise operations, and support long-term economic growth. The investment comes amid a challenging economic backdrop, with the Office for Budget Responsibility recently halving its […]