Top tips to be the next Guvnor

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Afternoon all, Refreshed from your Easter break? Want a new challenge? How about stewarding the UK economy as the Bank of England’s next Governor. You’ll probably get to steer us through Brexit, and more definitely through the next recession (see this week’s Chart of the Week). All yours for £480k. If you’re up for it, … Continued

Bridging Divides

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Afternoon all, Nothing Lasts Forever these days. In the end the whale spits you out, or the Ecuadorians kick you out. That might be good news for Brexit-fatigued Brits. But then again Assange was stashed in the embassy for seven years, so maybe we’re not even half way there…. Because holidays are calling, and it’s important for art … Continued

To build, or not to build: that is the question

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They say a week is a long time in politics (at the moment a day can feel like a long time). The same isn’t often true about economics. Arguably the most important forces in economics are long-running; demographics, big infrastructure projects, technological change. Things that don’t happen overnight. Therefore this blog – the latest in … Continued

Social renting: a working hypothesis

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Social housing has many virtues: it provides families with a secure home at a reasonable rent, and the state with a smaller benefit bill and an asset to leverage. So what’s not to like? Other than the upfront cost, perhaps the most enduring objection we hear to the tenure is that it may have a … Continued

Deadlines, downward mobility and debt

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Afternoon all, The world revolves around deadlines. Some are moveable. Like Brexit. Others aren’t. Like the tax year. On the latter at least, the end really is nigh (today to be exact). And that means a fresh set of tax and benefit changes to contend with come this weekend. As part of our commitment to … Continued

More ambition, less risk – building on the success of auto-enrolment

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We often find it harder to celebrate policy successes than decry policy failures. So you might have missed a policy success which we are marking this week. We are about to have completed the successful initial rolling-out of automatic enrolment into occupational pension saving. Millions of employees will enjoy higher living standards in retirement as … Continued

CB40: Happy 40th birthday to child benefit! But will it last another twenty?

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Yesterday, the minimum wage celebrated its 20th birthday. Today, child benefit is having a 40th birthday bash. But, as this analysis shows, it’s become a somewhat modest affair, with (record) low generosity, fewer people invited than in earlier years, and particularly complicated arrangements. So today is a good time to step back and take stock … Continued

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