We let the 2007 financial crisis go to waste

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Fiscal Choices

It’s not the time passing, it’s the opportunity for retrospection that kills you. Or at least that’s how it feels looking back a full 10 years to the day when I was working in the Treasury as we got the news that the French bank BNP Paribas had frozen funds exposed to US sub-prime mortgages. The … Continued

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Despite the economic gloom, living standards for BAME groups are finally catching up

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Shared Growth

Good news is undervalued. Partly because it doesn’t make as good headlines and partly because there hasn’t been much of it around after a fairly grim decade since the financial crisis. So here’s some: since the turn of the millennium living standards gaps between different ethnic groups have been narrowing in Britain. Since 2002 White … Continued

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It’s good to focus on overtime, not just Uber

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Work & Security

When a government publishes a Big Review – and at 115 pages the Taylor Review certainly fits that bill – the temptation is to rush into the weeds of its very many recommendations. But before we do that it’s worth stepping back and considering how remarkable it is that we’re even here in the first … Continued

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Wrestling with our squeeze fatigue

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Wages & Income

Public sector pay is back on the front pages. Increasing it is Boris Johnson’s new big thing. Michael Gove is with him 100 per cent. The Brexit Britain boy band is back together and rather surprisingly singing from a trade union leader’s hymn sheet. In some ways this surge of political focus on rewards for … Continued

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