The UK’s Chancellor is set to present his Autumn Statement to the House of Commons on 22 November 2023, providing an update on economic forecasts for the UK and outlining any proposed changes in Government spending. We’ve called on His Majesty’s Treasury to consider a suite of policy changes that will boost productivity and growth by encouraging businesses to invest in people management capability, skills development and technology.
“We need a focus on policies that can unlock greater business investment in the people management capability, skills development, and technology needed to boost productivity and drive growth across all sectors and firm sizes.”
Our recommendations included:
- developing a high-quality locally delivered business support service
- reforming the Apprenticeship Levy into a more flexible training levy
- reforming and enhancing Statutory Sick Pay.
Read our full submission
CIPD submission to His Majesty's Treasury, November 2023
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