An Autumn Statement for strivers?

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Today’s fiscally neutral Autumn Statement was billed as one for strivers. We have already shown that around 60 per cent of the cut associated with the 1 per cent uprating of most working-age benefits and tax credits will actually fall on working households. But of course, the additional £235 increase in the personal tax allowance … Continued

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From striver alert to future cuts: five things to expect from the Autumn Statement

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This post originally appeared on Gavin’s New Statesman blog In the Autumn Statement there will be a blizzard of facts, figures, assertions and counter-assertions. There have been a few helpful pointers on what lto ook out for (try this and this), and I’ve already given my tuppence worth on what may happen to the faltering fiscal rules. But here are a … Continued

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On Childcare, Tax Breaks for Nannies Can’t Be the Answer

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Tax and Welfare

This post originally appeared on the Huffington Post Few political debates have made more progress in 2012 than that around childcare. In the past 12 months, all threemajor parties have come to see reform as an economic and political necessity. Although hard policy proposals are yet to emerge, it’s now clear that one yardstick for 2015 will be the … Continued

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How seven years of cuts will transform the political landscape

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When it comes to big political set pieces, like yesterday’s Autumn Statement, the predictable somehow still manages to surprise. Everyone knew it would be bad; and we all knew it would raise big challenges for all three parties. Yet today, everyone is caught off-guard.In part, it’s because the unprecedented duration of the cuts — until … Continued

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Is underemployment the new normal?

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This post originally appeared on the Huffington Post Today’s ONS release confirms the scale of the rise in underemployment. More than one in ten workers are now underemployed, working fewer hours than they would like to – a million more than in 2008. Recently, this increase has run hand in hand with a flat-lining of overall unemployment, as … Continued

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