This Library Note has been prepared in advance of forthcoming debates in the House of Lords on economic growth.
Economic Growth: Budget 2011 (289KB PDF)
This Library Note has been prepared in advance of forthcoming debates in the House of Lords on economic growth. It briefly summarises the Government’s announcements on growth projections, measures to support growth, and the ‘Plan for Growth’ issued at Budget 2011, before outlining the immediate reaction to the Budget from a range of organisations and commentators. This Note complements Library Note LLN 2011/010 which provided background reading on the Government’s policies and the views of various organisations on the prospects for growth and the means of achieving it.
Economic Growth: Budget 2011 (289KB PDF)
Concerns have been raised about levels of welfare spending in the UK and increasing numbers of young people not in education, employment or training. This briefing sets out statistics, government policy and commentary on welfare and youth employment. This includes the government’s youth guarantee, its ‘Get Britain working’ policies and the interim report by Alan Milburn on young people and work.
Rural areas contribute a significant proportion of England’s economic output. The government has announced several policies intended to support growth in the rural economy, including farming. However, it has faced criticism for the delay in outlining its overall strategy for the agricultural sector. This briefing provides data on the rural economy and summarises government policy and stakeholder reaction
The Financial Services and Markets Bill [HL] is a government bill that would make reforms to several areas of financial regulation, including reforms to the Financial Ombudsman Service, abolishing the Payment Systems Regulator, introducing a ‘provisional licences’ authorisation scheme, and making reforms to the UK’s bank ring-fencing regime. Its second reading in the House of Lords is scheduled to take place on 8 June 2026.
![Financial Services and Markets Bill [HL]: HL Bill 5 of 2026–27](https://lordslibrary-parliament.studio24.dev/content/uploads/sites/2/2026/06/tadas-petrokas-G7nWQwb6AP4-unsplash-568x320.jpg)