How did firms pay for the big pay rise in 2016? Through productivity and price rises, not job losses

Published on by

Wages & Income

2016 marked the introduction of a big, controversial new player on the political economy scene, whose influence is set to grow and grow over the next four years. No, this isn’t a blog about President-Elect Trump. For millions of low earners across the UK, another development has had an even bigger impact. The National Living … Continued

READ MORE

Money can’t buy you love. But can it help you win an election?

Published on by

  The centrepiece of John McDonnell’s conference speech in Liverpool today was a pledge to “write a real Living Wage into law”, creating clear (if still lyrically confusing) water between Labour and the government’s national living wage (NLW) policy. The apparent consensus around the benefits of a higher wage floor is a long way removed … Continued

READ MORE

The National Living Wage will bring Britain’s need for stronger productivity growth into sharp focus

Published on by

Wages & Income

After months of debate, analysis and more than a little terminological confusion, the introduction of the National Living Wage (NLW) is now just five weeks away. While this substantial lifting of the wage floor for the over-24s will come as a welcome boost for the 4.5 million low paid workers set to benefit initially (rising … Continued

READ MORE