Spring Budget 23: Hunt unveils measures to tackle UK's labour shortage in bid to boost growth

‘Back to work’ budget

Valeria Martinez
clock • 2 min read

Chancellor Jeremy Hunt has unveiled a set of measures to tackle the UK’s labour shortage, by persuading thousands of people back into work in an attempt to boost economic growth and halve inflation.

Today (15 March), the chancellor delivered his Spring Budget, billed the ‘Budget for Growth', with reforms to support disabled people, those with long-term health conditions, parents, the over 50s and people on Universal Credit to return to the workforce. "Long term, sustainable, healthy growth that pays for our NHS and schools, finds good jobs for young people, provides a safety net for older people, all whilst making our country one of the most prosperous in the world," the chancellor said. "Today I deliver that by removing the obstacles that stop businesses investing, tackling the ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Group Protection

53% of Brits make mistakes at work due to stress

53% of Brits make mistakes at work due to stress

25% called in sick from stress

Cameron Roberts
clock 12 January 2026 • 1 min read
2026 is a year of change for employee benefits: GRiD

2026 is a year of change for employee benefits: GRiD

Five trends for the market

Cameron Roberts
clock 06 January 2026 • 1 min read
URIS Group acquires Ardonagh's Lutine Assurance Services

URIS Group acquires Ardonagh's Lutine Assurance Services

Expansion of Lutine's protection solutions

Jaskeet Briah
clock 05 January 2026 • 2 min read