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

Budget 26: Government to remove tax rule on lump sum death benefits

Budget 26: Government to remove tax rule on lump sum death benefits

Applies to payments made on or after 28 October 2026

Jonathan Stapleton
clock 28 October 2026 • 1 min read
Two thirds of adults use AI to help with mental health

Two thirds of adults use AI to help with mental health

AXA Global Healthcare report

Jaskeet Briah
clock 16 October 2026 • 2 min read
KareHero joins GRiD

KareHero joins GRiD

Focus on adult care support

Jaskeet Briah
clock 13 October 2026 • 1 min read