From the TUC

Webb must press on with revealing pensions industry’s “murky secret”

Tim Sharp

21 Oct 2014, by in Pensions & Investment

Given the enthusiasm for whizz-bang novelties in recent Coalition pensions policy making, Pensions Minister Steve Webb is to be congratulated for pressing on with the long-awaited charge cap.  I have written a blog for Pensions Insight about the Government’s decision to limit some charges in some pension funds from April, and Mr Webb’s initial moves to unmask notoriously opaque transaction costs, which…

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The strengths – and the big political weakness – of the Social Mobility and Child Poverty Commission Report

Richard Exell

20 Oct 2014, by in Society & Welfare

(Warning: long post.) The Social Mobility and Child Poverty Commission’s State of the Nation 2014 report is an extraordinarily rich document, and everyone concerned about social mobility and child poverty should read it carefully. If the twittersphere is anything to go by, a lot of the media coverage will focus on Alan Milburn’s insistence that…

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Union attitudes to a European referendum

Owen Tudor

19 Oct 2014, by in International

On Friday, I was invited to take part in a European Movement day of discussion about the possibility of a referendum campaign, to explain the TUC’s current concerns about Europe. Here is an edited version of what I told them, setting out in brief what we like and don’t like about where Europe is going…

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What’s driving welfare spending?

Richard Exell

17 Oct 2014, by in Society & Welfare

Yesterday, the Office for Budget Responsibility published their first Welfare Trends Report. It’s a useful document and it helps destroy some of the old myths about benefit spending. The Welfare Trends Report is going to be an annual publication, and it’s been made necessary by the Chancellor’s decision to introduce a welfare cap – Mr…

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Living standards crisis derails deficit reduction

Geoff Tily

16 Oct 2014, by in Uncategorized

The Office for Budgetary Responsibility (OBR) today reminded us of the extent of the Coalition’s failure to reduce the deficit in recent years. Public sector net borrowing in 2013-14 was originally expected to be £60 billion; the outturn for borrowing was £108 billion (on a comparable basis). This amounts to a shortfall of nearly £50…

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#blogaction14: A big inequality between words and deeds

Owen Tudor

16 Oct 2014, by in International

Inequality has become a major political problem, and hardly any global institution hasn’t said so. The IMF, World Economic Forum, G20 and ILO. Papers have been written, presentations have been made, infographics have been tweeted. But the issue is itself marked by a huge inequality between words and deeds. Bluntly, much has been said, but little has been done.

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