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Lord Leigh of Hurley (Con)

Speaking in the House of Lords on 22 April 2026

Debate

World Economic Outlook: UK Growth and Inflation

Contribution

As well as the OECD report, the respected EY Item Club has said that the economy will flatline in the second and third quarters, leading to a real risk of recession. Deloitte has said that business confidence is at its lowest since Covid, and unemployment is thus now expected to rise to 5.8% by 2027. One of the reasons for that is the Employment Rights Act. The Prime Minister may not respect employees’ rights but business does, and business is stopping hiring for that reason. Given the war, is it not time to soften the effects of the Employment Rights Act?

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