Tag: furlough

National Insurance is still the wrong tax, at the wrong time

Sajid Javid has made a good attempt at defending the increases in National Insurance rates for workers and businesses, arguing that they are both right and fair. But he is still wrong. Speaking to Sky News, Javid said that “when we spend money on public services, whether it’s NHS or anything else for that matter, … Continue reading National Insurance is still the wrong tax, at the wrong time

‘Tory PPE losses’ are forgivable (mostly)

ITV’s Robert Peston has understandably made a lot of audit reports showing “£8.7 billion of losses on PPE [personal protective equipment] in government accounts”. There is plenty more ammunition here too for those claiming that there was a ‘pandemic of waste and fraud’, ‘contracts for mates’, and ‘Tory sleaze’. The reality, though, is a little … Continue reading ‘Tory PPE losses’ are forgivable (mostly)

The UK’s flexible labour market needs to be allowed to do its job

The Treasury is right to begin to wind down the furlough scheme – and not a moment too soon. The UK economy is springing back to life and the labour market is not far behind. It will take a while for this to be confirmed in the official data. We still only have the headline … Continue reading The UK’s flexible labour market needs to be allowed to do its job