The perils of parental leave and the de-growth doldrums Top of the charts 4 October 2024 Morning all, After a brief respite from the daily machinations of the Commons, parliament will return next week. You know what that means – 26 sleeps till Budget day! Which also means it’s only 26 sleeps until our post-budget event for the valiant members of the RF research team who will be up all night … Continued READ MORE
The real value of Britain’s roads, railways and office gossips Top of the charts 27 September 2024 Morning all, It’s been a big week for rain, and thus for those who enjoy complaining about the rain. In selfish news, there was too much river for my kayaking course to go ahead – I can’t believe the organisers didn’t let us take advantage of Bedfordshire’s newest water feature – the A421. I encourage those miffed … Continued READ MORE
Shy toffs, trusting tweets and London rising from the flames Top of the charts 20 September 2024 Morning all, An eerie calm will descend over RF towers over the next couple of weeks as politicians up sticks and decamp to their respective conferences. Honourable mention to the Lib Dems, who should have already slept off their hangovers. I’ll be manning the fort in SW1, but we’ll be hosting conversations at both the Labour and … Continued READ MORE
Fiscal flies and spiders, and discounting the pennies Top of the Charts 13 September 2024 Afternoon all, This week marks a truly momentous moment in the British policy landscape. What do you mean you haven’t noticed? In this moment, your inbox contains no less than the three-hundredth edition of Top of the Charts. A lot has changed since TOTC first started rolling off the RF assembly line in the halcyon … Continued READ MORE
Fluctuating working hours, and the falling quality of CEOs Top of the charts 6 September 2024 Morning all, Well, the new parliamentary session has certainly delivered a serious dose of reality after August’s silly season – and I expect both the stark conclusions of the Grenfell Inquiry and the political row over Winter Fuel Payments are likely to keep rattling around for a while to come. Keep an eye out for … Continued READ MORE
Awful ads, AI at work, and what Donald does for fertility 30 August 2024 Afternoon all, It’s time to steel yourself for the end of recess, the return to politics, and the slow run in to what will be a deeply consequential budget. But not just yet. Distract yourself from the imminent hubbub with our mixed bag of reads – ranging from the irritation of online advertising, to the … Continued READ MORE
The tortured economists department Top of the charts 23 August 2024 Morning all, If the sheer quantity of OoO emails I’ve received this week is any indication, the dog days of summer are in full swing. I think I just spotted an actual tumble weed rolling through the RF offices… But, fear not: this is just the calm before the end-of-recess, and those of us still in RF … Continued READ MORE
Fewer days vs fewer hours, the importance of watercoolers, and the true Olympic Champions 16 August 2024 Morning all, Well, from a living standards perspective, this week’s economic data has been confusing. Slower wage growth doesn’t sound great for workers, but it’s probably a good thing if it lets the Bank of England cut interest rates. Rising inflation also seems bad, but it rose by less than expected – and services inflation … Continued READ MORE
Peeved Reeves and the health benefits of beers Top of the charts 2 August 2024 Morning all, Well, after the friendly détente of the opening of parliament last week, politics came roaring back on Monday with the Chancellor’s review of her spending inheritance (tl;dr: she was distinctly unimpressed with her predecessor). Just in time for parliamentary recess! James, one of our Research Directors, has everything you need to know about … Continued READ MORE
Losing to the French, snitching on a Colombian, and dreaming of Rome Top of the charts 26 July 2024 Morning all, If last week was all about the ONS’s data releases, this week the National Audit Office was centre stage. A stream of (mostly) damning reports into the state of public services were published this week. That’s where all the headlines you’ve been seeing about the state of HS2, the NHS, homelessness and potholes have come from. … Continued READ MORE
Pondering polls, worrying about wages and considering class Top of the charts 19 July 2024 Morning all, This week has been full of ups and downs. The football was coming home, then it didn’t. The weather was miserable, then we got a surprise heat wave. A King’s speech in July? It feels like we’re about to go back to school for the new year, not hurtling towards parliamentary recess and … Continued READ MORE
General Election 2024· Economic growth Time to hit the ground running Top of the Charts 12 July 2024 Morning all, We’re now a week into a seismic political shift in UK politics, with Labour returning to office for the first time in 14 years. This is a Parliament that’s more new than old – 335 of the 650 MPs sworn in this week have never been one before. It’s also more representative than … Continued READ MORE
General Election 2024 Have you been paying attention? How Brits have engaged with the general election campaign Top of the charts 28 June 2024 Morning all, Has anyone else noticed the difference between this election campaign and the parliament that preceded it? When they write the history books, I am confident they will describe the 2019–2024 parliament as nuts. We left the European Union, suffered the biggest pandemic in a century, saw the biggest war on European soil since … Continued READ MORE
Busting dance moves and wishing back bad weather Top of the charts 21 June 2024 Morning all, Let’s face it, there’s been some pretty disappointing performances during the election campaign. But the weather at least has finally stepped up to the plate to provide an appropriate backdrop to the SUMMER election. Still, it always pays to have a brolly at hand. While the sun is still out the summer vibes … Continued READ MORE
The economic battle lines in the manifestos Top of the Charts 14 June 2024 Afternoon all, And breathe. The manifestos are out; the serious wonk business can begin. If you have digested the fine detail of the parties’ manifestos – good for you. If you haven’t, then I am shocked and appalled by this dereliction of your democratic duty. Luckily for you, we have. So today’s TOTC special on the … Continued READ MORE
Taxes rise and fall, while wages flatline for 100 years Top of the Charts 7 June 2024 Morning all, They say a week is a long time in politics. Let me tell you – it can be a long time in think-tanks too. TOTC readers will be familiar with Torsten’s tirades against anti-politics over the years, and those sentiments have followed their logical conclusion as he seeks elected office. We wish him … Continued READ MORE
Budgets & fiscal events This Budget will leave the poorest households hundreds of pounds a year worse off Families across Britain should expect a bumpy ride over the next six months 2 November 2021 by Mike Brewer Having spent the first 18 months in the job delivering Covid crisis fiscal statements, you can understand why there was a celebratory vibe to the Chancellor’s first “post-crisis” Budget today. The Government’s official economic watchdog, the OBR, came to the party laden with gifts – including a major upgrade to economic growth and a £141 … Continued READ MORE
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 19 March 2021 by Mike Brewer 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 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 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 READ MORE
Covid-19 Any further questions? From The safety net in action? Universal Credit’s role in the crisis and the recovery 28 May 2020 by Mike Brewer and Karl Handscomb We often have more questions submitted for our event Q&A sessions than we’re able to answer. Where this is the case, we’ll endeavour to respond to a selection of the most interesting or most representative questions that went unanswered. The questions below were submitted to our panel for the event The safety net in action? … Continued READ MORE
Covid-19· Labour market Unprecedented support for employees’ wages last week has been followed up by equally significant, and even more generous, support for the self-employed. But gaps remain 27 March 2020 by Torsten Bell and Mike Brewer and Laura Gardiner and Karl Handscomb and Daniel Tomlinson Yesterday, the Chancellor announced that last week’s pledge to underwrite 80 per cent of the wages of employees without work to do during this crisis is being matched with significant grants to the self-employed. This is an important addition to existing plans to support employees, and in many ways a more generous offer. The Self-Employed … Continued READ MORE
Covid-19· Living standards· Incomes· Labour market· Welfare Key take-aways from the Chancellor’s package of measures to support workers in the coronavirus crisis 22 March 2020 by Mike Brewer and Laura Gardiner The Chancellor’s announcements on Friday 20 March were unprecedented in their scale and reach, and absolutely vital for supporting firms and family incomes in the face of the current crisis. Here are five key take-aways on how these changes will affect families, and three next steps for the Government to consider. 1. At a … Continued READ MORE