Category: Labour markets

A quick primer on ‘Omicronomics’

Here are some first thoughts on 'Omicronomics', or the economic impact of the new Covid restrictions announced for England over the weekend. The main short-term risk to the UK economy comes from the tightening of the self-isolation rules: contacts of those testing positive for the Omicron variant will have to stay at home for up … Continue reading A quick primer on ‘Omicronomics’

UK economy to catch up by Christmas

Most of the coverage of the latest UK GDP figures has been downbeat. Two headlines sum up the responses: ‘the best of the recovery is behind us’, and ‘the UK economy has reclaimed its status as the G7’s laggard’. ‘Stagflation’ is back on the agenda again too. I would rather focus on the positives, but let’s begin … Continue reading UK economy to catch up by Christmas

The trials and errors of Scotland’s four-day week

A shock poll commissioned by the IPPR Scotland thinktank has revealed this week that more than 80 per cent of Scots would like to work fewer hours for the same pay. This may well prompt further revelations about the religious leanings of the Pope, or the toilet habits of bears. But in the meantime, the … Continue reading The trials and errors of Scotland’s four-day week