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On 3rd March 2026, Chancellor Rachel Reeves delivered the UK's Spring Statement to the House of Commons. APSCo drafted a summary document to assist members in understanding the contents. While the statement suggested that inflation was easing, global events may challenge this outlook.
The ongoing conflict in the Middle East is one such factor, raising concerns about renewed economic pressure on the UK. Rising global oil and gas prices, particularly if shipping through the Strait of Hormuz is disrupted, could feed into transport, food, and manufacturing costs, potentially pushing inflation back up and delaying expected interest-rate cuts. More broadly, the conflict could increase global market volatility and disrupt trade routes, creating further uncertainty for the UK economy.
This broader context of uncertainty also coincides with notable political developments. Greens are likely to still be celebrating their first by-election win in Gorton and Denton, with new Green MP Hannah Spencer being introduced to Parliament on 2nd March. Labour came third behind Reform UK. The rise of the Greens under Zack Polanski is a symptom of a broader transformation in British politics and a move toward a time of multi-party politics. The era of stable, two-party dominance is giving way to a more fragmented landscape in which influence is diffused and pressure matters as much as power. Even if the Greens never approach national government, their ability to shape debate, unsettle Labour and influence policy through reputational pressure is likely to grow. Read a Cavendish briefing on the Greens here.
Finally, there has been an update relevant to employers on immigration policy. The Government has updated its Register of licensed sponsors: workers. This document lists Worker and Temporary Worker sponsors which includes information about the category of workers they’re licensed to sponsor and their sponsorship rating.
Read our latest Staffing Stream article here: Flying under the radar: Game-changing review of regulatory frameworks | Staffing Industry Analysts.
This follows a member consultation meeting held on the consultation at the end of February. This gave us the intel needed to feed into the DBT trade policy meeting on 2nd March. Look out for further opportunities to feed into our submission on our events page.
Parliament, Employment Rights Act & Staffing Sector Regulation
Lisa Pinney announced as CEO to the Fair Work Agency - GOV.UK
Lisa Pinney will be starting her role from April this year. She left her role as Chief Executive of the Mining Remediation Authority to lead the creation of a single, streamlined employment rights enforcement body as CEO of the Fair Work Agency. Matthew Taylor is the Chair of the FWA.
Modernising the Recruitment Regulations (Agency Worker Framework) and Fair Work Agency Make Work Pay - GOV.UK
DBT is organising sector-specific online roundtables and is looking for our members to join:
Please contact shazia.imtiaz@apsco.org to be put in touch with DBT to register.
In the News: Keep up to date with our new In the News, where we provide links to our latest media coverage.
Other Announcements & Publications
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