The jobs market is healthy and doesn’t have a temperature, but pay packets are shrinking not surging

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Today’s labour market stats release should have marked a turning point in the post-pandemic labour market, as furlough came to an end and the economy adjusted to a period without restrictions. Instead, the data out this morning – which covers October and November – covers two months of relative normality between the end of furlough … Continued

Ventures

Influencing employers roundtable: helping employers improve the quality of work they offer

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Executive summary One of the ways for Workertech to have an impact on low-paid workers is by developing new tools and incentives that encourage businesses to improve the quality of employment. In October the Resolution Foundation brought together some leading organisations with experience of influencing employers via standards and accreditation to improve the quality of … Continued

Ventures

WorkerTech newsletter: November 2021

The latest update from Resolution Ventures

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Although this is the last newsletter of the year, it is jam-packed with opportunities and resources for WorkerTech founders, not least because applications for BGV’s Tech for Good programme starting in Spring 2022 opened yesterday! Resolution Ventures partners with BGV to back WorkerTech ventures through their 12-week Tech for Good programme. We want to help founders develop … Continued

Ventures

WorkerTech Dispatch

Bringing you insights and tools for a fairer future of work

Check out the WorkerTech Dispatch — a new publication to guide founders and everyone interested in shaping a fairer future of work. Brought to you by Bethnal Green Ventures and Resolution Ventures.

Ventures

Resolution Ventures invests in Breakroom

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We’re delighted to announce that Resolution Ventures has made a follow-on investment in their most recent £4.9 million funding round as part of the Workertech Partnership. This investment continues the relationship with Breakroom first established via the Resolution Trust in 2019 when co-founders Anna Maybank, James Weiner and Tom Taylor wanted to prove that good … Continued

The Black Economists Network: what it is, and why we need it

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This November marks the two-year anniversary of the launch of The Black Economists Network (TBEN[1]), an organisation founded by myself that strives to challenge the lack of diversity in economics by connecting and supporting Black people in the field as well as working with other organisations to improve their diversity strategies. To mark this anniversary, … Continued

There is no simple story of migrants down, wages up

The UK needs a post-Brexit, post-Covid economic strategy, not another argument about immigration

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We ask a lot of migrants. They make up almost one-in-five of our workforce, run many of our biggest businesses, and disproportionately clean our homes, care for our sick, and carry ever-growing online purchases to our doors. If that wasn’t enough, we’re now asking them to solve a rather big problem: the UK’s absence of … Continued

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

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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

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Workertech newsletter: October 2021

The latest update from Resolution Ventures

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This week’s Budget and next week’s COP26 have led to a growing conversation around skills, wages and the green economy. Yet there is still a big shift needed to answer key questions and turn policy into practice. How do we define a green job or skill? How can we use data and technology to support green jobs? What does a … Continued

Boris Johnson is wrong to downplay the impact on families from the Universal Credit cut

Rising inflation and surging energy bills come as the government takes £20 a week off families in the Universal Credit cut

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Today was a big deal for Boris Johnson who delivered his speech to the Conservative Party Conference. But it’s an even bigger day for low-and-middle income households across Britain, for all the wrong reasons. As the PM stepped up onto stage, their income took a step down with Universal Credit cut by £20 a week. … Continued

Ventures

Workertech newsletter: September 2021

The latest update from Resolution Ventures

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In a recent interview on diversity in innovation Bayo Adelaja, CEO of Do It Now Now said, “If we are going to build a world that is truly fit for purpose, we need representation of everyone who is going to be engaging with it.” At Resolution Ventures, one of the groups we want to work with and create impact … Continued

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Workertech newsletter: August 2021

The latest update from Resolution Ventures

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  In the run up to our TUC Fringe event on the future of technology and worker power on 14 September, this edition will put a spotlight on some innovations in the world of digital organising. As always, if you have any suggestions for our newsletter or want to know more about any of the … Continued

Covid could still make a mockery of the best-laid economic plans

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The last 18 months haven’t been normal. You’ll have noticed. But while it’s blindingly obvious in our personal lives, we’ve struggled to recognise it when thinking about the economy. All downturns are different, from their causes to their depths. This is a challenge for policy makers prone to looking back to previous recessions for clues … Continued

Buckle up – milkshake droughts are just the start

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We’re not used to modern capitalism being a mess. For something so incredibly complex, it runs incredibly smoothly in normal times. Even those of us who don’t like many of its outcomes, for inequality or the environment, can marvel at how quickly a huge variety of goods and services are available to us almost instantaneously. … Continued

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