Far from full employment

Published on by

Jobs, Skills and Pay

The recently released Taylor review was widely covered as an attempt to get to grips with the gig economy amid the growing sense that too much work in the UK was not ‘fair and decent’. The review comes on the back of five years of robust employment growth but stagnant wages and the proliferation of … Continued

READ MORE

Five tests on which to judge the success of apprenticeships

Published on by

Jobs, Skills and Pay

A few weeks ago, we wrote about the importance of paying attention to apprenticeship figures. And now we’ve had two days of debate and disagreement around apprenticeship figures, in particular how much they’re paid. So what’s been happening of late? In short, apprenticeship participation is up, and at higher levels of study. But we’re concerned … Continued

READ MORE

Inflation afflictions

Published on by

Public Finances and the Economy

The story of the last 12 months is that inflation has risen rapidly and eroded people’s living standards. From 0.8 per cent in June 2016 inflation is now 2.6 per cent. Despite the small welcome fall last month current projections suggest it will remain around this level for the rest of the year. The rise … Continued

READ MORE

Time to put away the credit card

Published on by

Housing, Wealth and Debt

The squeeze is on. National accounts data last month confirmed that household incomes have been falling for the last three quarters. Yesterday’s labour market statistics showed that wages continue to lose ground to inflation. And today new survey data from the Bank the England shows that credit availability is tightening. Today’s survey is the latest … Continued

READ MORE