From the TUC

What we want from the Busses Bill wash up

Kam Gill

25 Apr 2017, by in Public services

The Bus Services Bill  is due to complete its passage through parliament this week, because of the election it will be agreed through wash up. It was initially due to enter Ping Pong on April 26 following its third reading in the Commons. The snap election called  last week means that the bill has to…




Read in full

Too early to call time on the consumer spending boom

Geoff Tily

22 Apr 2017, by in Economics

Retail sales have seen their worst decline since 2010. But rising consumer credit figures suggest we’re not at the end of the consumer spending boom just yet. Retail sales volumes declined by -1.4% in the first quarter of 2017, the worse quarterly decline since the first quarter of 2010  (itself the worst quarterly decline on…




Read in full

In the Budget Philip Hammond said rising real wages were ‘most important’ – what happened?

Geoff Tily

12 Apr 2017, by in Economics

8 March 2017, Philip Hammond’s Budget Speech: And most importantly, Mr Deputy Speaker, despite higher-than-target inflation, real wages continue to rise in every year of the forecast. [my emphasis] 12 April 2017, only five weeks later, statistics from ONS Labour Market statistics release show: on the single month measure, real wages in decline by -0.4%,…




Read in full

A note on the economic impact of Roosevelt’s New Deal

Geoff Tily

06 Apr 2017, by in Economics

This post is brief background to a longer piece that views Roosevelt’s economics through his impact on Washington D.C. The economic statistics show his initiatives brought the US great depression to a decisive end; they also stabilised the deterioration in the public sector finances. Yet the efforts can be dismissed as trivial. A former Chair…




Read in full

1 2 3 598