Roasting, rocking and roaring across Britain Top of the Charts 28 June 2019 Afternoon all, The country’s roasting, Glastonbury’s rocking, and the Lionesses are roaring into the World Cup semi-final. The only people letting the side down are our cricket team. Now I’m no expert on bat/ball games, but I fear they’ve been paying just a bit too much attention to Boris. Surely the point of being the … Continued READ MORE
Living standards· Childcare· Scotland· Welfare A welcome boost for ‘just about managing’ families in Scotland 27 June 2019 by Adam Corlett Yesterday started with a bleak assessment by the Child Poverty Action Group of the impact of ongoing welfare cuts – specifically how the two-child limit on support, which began to be implemented in 2017, is set to push 300,000 children into poverty. But there was better news for Scottish parents later in the day, as … Continued READ MORE
Saving the world, one research paper at time 21 June 2019 Afternoon all, Yesterday we learnt that it’s Johnson vs Hunt. Gung ho vs reluctant no dealing. Everyone’s understandably focused on the odds of no deal rising. But they are missing the real risk to our international reputation – an outside chance that PMQs descends into a weekly row between two blokes called Jeremy. Some things … Continued READ MORE
Prices & consumption· Intergenerational Centre Life as a millennial is far less extravagant than you might think 20 June 2019 by Laura Gardiner When economists and policy makers talk about living standards they think in terms of real (equivalised) household disposable incomes (before or after housing costs). This is a good approach to take, but it’s not how most people think. A more common way is to think about how much money you have to spend on goods … Continued READ MORE
Rising floors and tumbling walls Top of the Charts 14 June 2019 Afternoon all, It’s time for a break from the rain and the ludicrous tax cut promises the Tory leadership election has given us (on which more below). So not only does this week’s Top of the Charts come to you from (ludicrously hot) Vienna but we’ve gone all international in our reads. From big moves … Continued READ MORE
Productivity & industrial strategy· Labour market· Pay Two and a half reasons to be cheerful about our strong and stable labour market 11 June 2019 by Nye Cominetti Today’s labour market statistics were, to use a technical term, boring. In a world of high political and economic drama, our labour market has served up headline measures of real pay growth and employment which basically haven’t changed for four months in a row. We shouldn’t bemoan unchanging numbers. Like air travel and digging tunnels, … Continued READ MORE
Incomes· Tax· Political parties and elections Tax cuts for the rich is not the answer to the questions 21st century Britain is asking 10 June 2019 by Torsten Bell Politics is about answering the question the country is asking at that time, and in that place. Context matters. This fact seems to have escaped the notice of a number of candidates in the rather crowded field to be the next Conservative leader, judging by the single focus of many of their big ideas: massive … Continued READ MORE
Making our children and grandchildren proud Top of the Charts 7 June 2019 Afternoon all, There’s been a lot to think about this week – how politics can really matter, and about how the big decisions we take can shape the future for generations to come. Theresa May might be standing down as Tory leader today, but she had a good week representing the country in D-Day commemorations on … Continued READ MORE
Labour market· Housing· Intergenerational Centre Britain has become a less mobile nation – why? 6 June 2019 by Torsten Bell Donald Trump tells us there are no protesters. He says it so often, he probably believes it. Which is worrying, but also fairly normal. There are stories we hear so often that we simply assume they are true. Here’s one. Our communities are changing ever faster as more and more people move around for work, … Continued READ MORE
Labour market· Housing· Intergenerational Centre Young people are no longer footloose and fancy free – and rent rises are to blame 6 June 2019 by Lindsay Judge Millennials, eh? They never stand still. Always on the move, with their ‘portfolio careers’, side hustles in the gig economy, and no loyalty to the companies they work for. With an attitude like that, it’s no wonder they struggle to find decent work and pay. There’s only one problem with this common trope though. It’s … Continued READ MORE