Category: UK economy

Is the UK heading for a ‘tsunami’ of job losses?

Today’s headlines understandably focus on the latest rise in unemployment, especially among the young. Losing a job is potentially a life-changer for many people. But it is no shock that the UK labour market has weakened given the depth of the Covid recession. The real news is that the deterioration is not as bad as … Continue reading Is the UK heading for a ‘tsunami’ of job losses?

Sunak’s ‘tax bombshell’ is likely to be a damp squib

Here we go again… another day of alarming headlines about a tax ‘bombshell’ set to hit as soon as the Autumn Budget, with a ‘state pension grab’ chucked in too. Fortunately, there isn’t much substance in any of this – at least not yet. Let’s start by contrasting what the Sunday newspapers are saying. The … Continue reading Sunak’s ‘tax bombshell’ is likely to be a damp squib

Home working choices shouldn’t be the government’s business

I can understand why the government is launching a campaign to encourage people to go back to work. Its own dire warnings about the importance of staying at home had contributed to a climate of fear that perhaps only the government itself can now undo. But there is also a danger that attempts to replicate … Continue reading Home working choices shouldn’t be the government’s business