It accounts for a larger share of output and a much larger share of productivity growth in poorer regions of the UK
Posts Tagged: Wages
Richard Holden: The Chancellor shouldn’t try to win a spending arms race with Labour – which we would lose anyway
Perhaps the simplest way of putting it is: it’s all about economic credibility, stupid. Because come 2024, it certainly will be.
We need to have a debate about which taxes are least damaging to economic growth. Over the long term, corporation tax ranks as being one of the worst.
Neil O’Brien: The NHS and jobs. Family and community. Indispensable means of boosting our mental health.
It’s welcome that we’re investing much more in services. But we need to tackle the causes too.
Mubin Haq: How can it be right for the Government to harm your business, leave you in need – and not help you?
We found over a million people excluded from the Government schemes are struggling to pay for food and everyday essentials.
Our research with low-income voters in some of these areas revealed that many are not expecting miracles. They simply want better local services.
The Government will need to think carefully about how any change to policy is presented, and the approach should be nuanced and flexible.
These are my starters for ten – so it’s over to you. What are the biggest choices? What are the problems that we have to get ahead of to keep afloat?
Ryan Bourne: If you want to feed hungry children, don’t target food poverty. Aim to reduce poverty as a whole.
Together with tax cuts and less regulation, higher or more extensive benefits look like better support for hungry children than vouchers.
Our campaign for Government assessments of lockdown effects on lives and livelihoods begins to pay off
If this morning’s reports are correct, Sunak should be congratulated for starting to take action.
The first group of savings are about making the state more efficient, the second about creating a state focused on the core tasks of government.
David Willetts: The Government is wrong to propose cutting back on Universal Credit while the triple lock remains untouched
And when it comes to paying for the crisis measures, as we must, taxes must not fall on younger workers.
Charlotte Pickles: Ten million people are at risk of becoming unemployed. They must be Sunak’s priority this week.
The Chancellor should use his statement on Wednesday to announce a comprehensive and ambitious plan to counter the threat.
Neil O’Brien: We are on a terrible course. But some people are still messing about as though this were a game.
With the bazooka being well-wielded by Sunak, it seems almost churlish to suggest some further things the Treasury could do. But here are three.
The economy and the virus. Tear up the rulebook – we need Big State Government on a scale unknown in modern times.
The implications of the crisis are such that Johnson and Sunak need not so much to think outside the box as to trample it to tatters altogether.