Part of the debate – in the House of Lords at 3:10 pm on 16 September 2025.
Lord Leigh of Hurley
Chair, Finance Bill Sub-Committee
3:10,
16 September 2025
Indeed it is, but the ONS said that there is zero growth in GDP. Of course, that means that GDP per capita will be negative, partly because productive people are leaving and less productive people are arriving. The markets have made their view of our economy clear, as our borrowing rates are higher than in any other country in the G7. Will the Minister agree to meet the Growth Commission, which has some excellent ideas on growth? As Treasury Minister, will he persuade his new colleagues of what every employer is saying, that the Employment Rights Bill will severely curtail growth? Now is the time to amend it.
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