Welfare Could housing be the living standards issue of this parliament? 26 April 2016 by Lindsay Judge Britain’s unprecedented pay squeeze – and the resulting impact on living standards – was one of the main talking points of the last parliament. But with real wages rising again and employment at a record high, has concern over living standards abated? Not if you factor in housing. Indeed, barely a day goes by without … Continued READ MORE
Labour market Has our jobs recovery reached a plateau? 20 April 2016 by Laura Gardiner Despite the noise, the news in today’s labour market data is not the slight increase in unemployment. This hasn’t stopped people linking the unemployment increase to Brexit fears, or suggesting that it’s actually a good thing. No, in fact the real story – which for obvious reasons the headline writers failed to get excited about … Continued READ MORE
Tax A history of taxing the rich – what might the future hold? 18 April 2016 by Torsten Bell Thanks to Panama and its papers, the rich and the tax they do (or don’t) pay is back at the top of the news agenda. Even before details of thousands of off-shore accounts/companies/investments emerged, the issue of what tax the rich should pay had recently returned to the centre of political debate for the first … Continued READ MORE
Welfare The roll out of Universal Credit will lead to a postcode lottery of winners and losers 12 April 2016 by David Finch On welfare reform, something is moving in the undergrowth. It’s called Universal Credit. The new benefit will amount to £53 billion by 2020-21, with almost half of families with children entitled to it. Only the State Pension will be bigger. Implementing this mammoth policy is the key task facing the new Secretary of State for … Continued READ MORE
Living standards· Tax· Welfare The new financial year: No fireworks yet but is pain brewing for low-to-middle income households? 6 April 2016 by Matthew Whittaker Prior to the government’s tax credit U-turn in last year’s Autumn Statement, 6 April 2016 was set to be a red letter day – representing the point at which more than 3 million tax credit recipient families would face the reality of reductions in their annual awards of £1,300 on average. Having shelved the cuts … Continued READ MORE