Living standards· Inequality & poverty Growing inequality across Britain has left millions of families exposed to the cost-of-living crisis 25 January 2023 by Lalitha Try …by the furlough scheme (1.1 million workers were still furloughed at the end of the scheme), and low-income households had their incomes boosted by the £20 a week addition to… READ MORE
Living standards The cost of living crisis is going to hurt To tackle it, we will also need to address the stagnation which has bedevilled the UK economy for years 3 May 2022 by Torsten Bell …on the back of over a decade of stagnating incomes. Policies like furlough and temporary benefit boosts protected household incomes from the huge falls in GDP during the pandemic. But… READ MORE
Covid-19· Living standards· Labour market Who is still on furlough and what will happen next? 30 September 2021 by Torsten Bell …furlough, we estimate that about 1 million people may still be receiving pay via the scheme. At least half of these people are on “flexible furlough”, working some hours for… READ MORE
Living standards· Prices & consumption Soaring energy bills will turn cost of living crunch into a crisis 22 September 2021 by Torsten Bell …better than many of us dared hope. Young people have come off furlough and back into work. Last year saw the biggest economic downturn for three centuries. The recovery since… READ MORE
Covid-19· Living standards· Labour market The final furlough? Family finances in the Covid recovery Thursday 1 July 2021 The UK economy is bouncing back after the deepest downturn in over three centuries. That bounce is being felt in the labour market too, with furlough rates falling and some… READ MORE
Living standards· Labour market The Chancellor has prevented a grim winter of redundancies – but has failed to fix the faults with his jobs support package 6 November 2020 by Mike Brewer …up to Christmas. Based on the Bank of England’s latest estimate that 5.5 million employees could be furloughed during November, the Chancellor’s extension of the furlough scheme is likely to… READ MORE
