Ventures

Workertech newsletter: July 2021

The latest update from Resolution Ventures

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  This edition of the Workertech newsletter takes you under the hood of Bethnal Green Ventures’ Tech for Good Accelerator, along with sharing news and opportunities from the world of workertech. If you’d like hear more about the Workertech Partnership or any content in this newsletter, please get in touch with us via ventures@resolutionroundation.org or book a … Continued

Solving the productivity puzzle

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Regional inequalities are a longstanding feature within UK political debate. However, they have gained additional pertinence in the years since the 2008 financial crisis. From the 2016 EU referendum result, through the ‘red wall’ turning blue in the 2019 general election, to the differential impact of Covid-19 across the UK, place increasingly functions as a … Continued

Economy 2030

Preparing for a decade of economic change

Lessons from the era of White Heat

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Boris Johnson’s administration may well oversee the start of a period of major upheaval for the UK economy – quite possibly the largest since the 1980s. Whether it is post-Brexit trade dislocation, new patterns of production and consumption resulting from the imperative of Net Zero, a long Covid hangover, or the rise of digital technologies … Continued

UK employers may be struggling to fill jobs, but this isn’t a new era of worker power

Although the labour market is starting to recover, the effects of the pandemic will be felt for a very long time

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Commentators have decided that the labour market is booming, reporting that firms are finding it hard to hire people. Some have predicted the dawn of a new era of worker power that will push up wages, while others worry labour shortages will hold our recovery back. The bigger danger, however, is that we’re losing sight of what’s … Continued

Ventures

Workertech newsletter: June 2021

The latest update from Resolution Ventures

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  Hello and welcome to June’s Workertech newsletter from Resolution Ventures, covering how technology is improving the world of low-paid and precarious work. This month we’ve put a spotlight on American Workertech, and some of the great organisations in the US. Also make sure to catch up on the video of our June event – … Continued

Ventures

Workertech newsletter: May 2021

The latest update from Resolution Ventures

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  Welcome to the first edition of the Workertech Newsletter from Resolution Ventures. We’re delighted to be reaching out to everyone in our Workertech community. The Workertech community exists to convene workers, unions, investors, employers, policymakers and researchers using technology to change the world of work for the better for those in low-paid and precarious employment. The Workertech … Continued

Three reasons to be concerned about job losses among older workers

A U-Shaped crisis 

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Young people have been at the epicentre of the Covid-19 crisis. The severe restrictions and lockdown closures of social sectors of the economy – such as hospitality, retail, arts and leisure, where young workers are concentrated – has led millions of our youngest workers to be put on furlough or, worse still, lose their jobs. … Continued

Pre-pandemic Britain experienced a mini living standards boom – alongside rising child poverty

New data show stronger growth in household incomes leading up to the Covid-19 crisis, but we need to look over a longer period for a more accurate impression

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The Department for Work and Pensions (DWP) today published statistics on household incomes and poverty covering  2019-20. Because producing these estimates is a time-consuming process – both for the households who are surveyed and the statisticians processing the data into interesting statistics – the results are already a year out of date, and tell us … Continued

The Government’s record on Covid-19 has been defined by two big successes and one recurring deadly failure

With the worst of the crisis behind us, it is right to assess how the Government has handled the pandemic

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The first anniversary of the first national lockdown falls on 23 March. With the worst of the crisis behind us, it is right to assess how the Government has handled the pandemic. Even the Prime Minister’s former Chief Advisor Dominic Cummings thinks the need for an inquiry is urgent. We can break down the Government’s handling of the crisis into … Continued

Working in the Think Tank Sector

Highlights from our joint event in partnership with other think tanks and organisations

Think tanks are research organisations that develop ideas on a whole range of subjects affecting society. They make suggestions for action, using research, analysis and commentary to inform and influence politicians, policy makers and the public. Given the recent economic, social and political issues facing the UK, encouraging more diversity in the world of research … Continued

A loan scheme for renters could stop tenants from being made homeless

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The protracted length of the coronavirus crisis has led to rent arrears reaching twice the level observed going into the crisis. In January 2021, we estimate that over 750,000 families were behind with their housing payments, 300,000 of which contained dependent children. Before the pandemic hit, many families spent a high share of their income … Continued

Introducing the Workertech Partnership

Backing a new wave of innovators who will harness technology to improve the prospects, power and choices of workers

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The world of work was already changing rapidly before the crisis, with rising use of automation and increasing levels of insecure work. Coronavirus has highlighted how exposed many people are to changes in hours, lack of health and safety protections, and how few opportunities there are for flexible employment that works for families. The coronavirus … Continued

The Chancellor has prevented a grim winter of redundancies – but has failed to fix the faults with his jobs support package

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On Thursday, Rishi Sunak announced that the Job Retention Scheme – where employees can be put on furlough and still get 80 per cent of their wages covered by the government – will continue to the end of March. Self-employed workers can get another three-month grant of 80 per cent of their pre-crisis profits. There … Continued

Worse for some

The economic pain is being felt differently by different people. And for many of them, rock bottom is still to come

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The pan in pandemic is a dangerous prefix. While the virus now straddles the globe, those three letters can give the impression of an equality of impact that is very far from the truth. On the health side this is blindingly obvious, with death rates from the virus climbing sharply with age and, as in … Continued

The current consumption crisis will be important for the future jobs market recovery

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Britain’s jobs crisis is concentrated in low-paying sectors like hospitality, retail, arts and leisure that have been hardest hit by lockdown and ongoing social distancing measures. In 2019, 32 per cent of 18-29-year-old employees worked in these sectors. But those who tend to spend the greatest proportion of their disposable income on these more pleasurable … Continued

The Child Trust Fund comes of age

It presents a unique opportunity to learn about the difference that asset ownership can make

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With little fanfare the UK is about to witness a mass experiment in the extension of access to capital. Other nations may have sovereign wealth funds, and some have experimented with universal basic incomes, but the UK is the first to create a citizen’s endowment for all young adults. From next week those turning eighteen … Continued

Millions of furloughed workers have returned to work – but support for hard-hit sectors will be needed beyond October

Analysing the HMRC Coronavirus Job Retention Scheme data

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This morning, HMRC published its latest round of statistics on the Coronavirus Job Retention Scheme (JRS). For the first time, we have a time series of the number of furloughed workers, as opposed to the cumulative total, meaning we can see how use of the scheme has evolved since the start of April. Here are … Continued

The UK should not weaken safety nets mid-storm

As more workers are laid-off this autumn, the grim reality of meagre support will become clear

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Resisting pressure to spend more on disadvantaged groups is seen as part of the job by battle-hardened officials in the UK Treasury. But stripping away benefit increases that have only just been introduced is rather different and doing so in the midst of an economic collapse would, to put it mildly, be something extraordinary. Yet … Continued

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