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The Parliamentary Under-Secretary of State, Department for Business and Trade and Department for Science, Innovation and Technology (Baroness Lloyd of Effra) (Lab)

Speaking in the House of Lords on 1 June 2026

Debate

Business Hiring

Contribution

The UK labour market and economy remain resilient despite geopolitical uncertainties. The UK had the fastest growing-economy in the G7 in Q1 2026. On the labour market, ONS data shows that there are 416,000 more people in work than a year ago. Its business insights survey shows that over 80% of businesses intend to either maintain or increase their staff levels in June 2026.

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