Politics is heating up for the summer, but there were at least a few more reasons to hope that underlying inflation pressures may be starting to cool. This is the second weekly wrap of the key points from my social media posts on the UK economy, on the markets, and occasionally on the politics too. … Continue reading Weekly wrap: more heat than light from the politicians
Tag: overtime
Why Reform’s tax-free overtime plan is a bad idea
Reform’s proposed tax break on overtime is likely to feature prominently in the Makerfield pitch. But it is also yet another example of a policy that is both good politics and terrible economics. The Reform party is proposing that people who earn less than £75,000 and work overtime above a 40-hour week will pay no income tax … Continue reading Why Reform’s tax-free overtime plan is a bad idea
Plain-speaking Economics 