Labour Market Realities: Public Sector Workers
Figures out today show that unemployment has dropped to 4.7%, the lowest rate since 1975. But in our new series we scratch below these headline and often misleading statistics. This…
Cameron’s new crusade against criminal wage-workers
There’s a new type of criminal out and about in Britain today, and Cameron gave us fair warning that his government is out to scotch their nefarious activities in his…
Obsession Over Government Debt Is Bad for the Economy
This month the International Monetary Fund (IMF) released their first Fiscal Monitor of the year – a document surveying and analysing the latest public finance developments as part of their…
Attacks on legal aid will mean access to justice is only for the rich
Ahead of UK Uncut action on Saturday 5th September – Prof Marjorie Mayo outlines why legal aid is so important. You might think that there would be broad agreement about…
In an era of public spending restraint, how can economic inequality be addressed?
There is a large volume of evidence about the problem of economic inequality in the UK. Yet as much as we need to know about the misery of its real-life…
Day1: Brexit: Implications for young people
The Brexit Generation Over the next week hundreds of thousands of young people will be receiving their A-Level and GCSE results. To mark the occasion Class has put together a…
Flogging a Trojan Horse – Uber’s IPO
Uber doesn’t make any money, it never has made any money and it’s not entirely certain that they ever will. Since 2009, Uber has a net loss of more than…
Economy growing at around half the pace of last year
At 0.5%, today’s preliminary estimate of GDP quarterly growth in 2022 Q3 was a little weaker than expected (0.6%), down from 0.7% in Q2, and continued the run of below-par…
As 2020 ends, is the Jobs Crisis Just Beginning?
As the Health Secretary, Matt Hancock said while feigning a tear for Piers Morgan, “this has been such a hard year for so many people”. But as 2020 draws to…
Five Reasons Why Tories Can’t Get Brexit Done
Sajid Javid claimed this morning that a “fantastic new trade deal” is already done with the EU, suggesting that it’s just a formality to dot some ‘i’s and cross some…
The chicanery of this week’s economics
“Dear Chief Secretary, I’m afraid to tell you there’s no money left.” Liam Byrne, Guardian, 17 May, 2010 This week’s Conservative Party proceedings were distasteful for their defence of the…