Analysis and action on living standards
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
Incomes and Inequality, Tax and Welfare
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
Intergenerational Centre
Sign up for our weekly Top of the Charts emails here 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 … Continued
Intergenerational Centre
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
Sign up for our weekly Top of the Charts emails here 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 … Continued
Jobs, Skills and Pay
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