Oral Answers to Questions

Debate between Bobby Dean and Gareth Thomas

Thursday 17th July 2025 Commons Chamber

[Bobby Dean (Carshalton and Wallington) (LD)]

We have just had our fifth consecutive month of job losses announced, and research shows that as many as 17% of companies are considering redundancies. What is the Government’s analysis of why this is happening?

[Gareth Thomas]

I gently say to the hon. Gentleman that we have had four interest rate cuts, almost 400,000 jobs have been created, our industrial strategy has been hugely welcomed, and we have had three deals, so it is perhaps not a surprise that recent surveys point to a nine-year high in business confidence.