Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact of rising labour costs on employment levels.

Repairing the public finances, rebuilding public services and restoring public services requires very difficult decisions on spending, welfare and tax.

Overall, once the impact of all measures in the Budget are taken into consideration, the OBR expect the employment level to increase from 33.1 million in 2024 to 34.3 million in 2029.