From the TUC

Kam Gill's Articles

What’s up with self-employment?

14 Oct 2016, by in Economics

Last week I was perusing the latest Business; activity, size and location statistics on the ONS website (which counts as a good time in your 30s) when I noticed an interesting quirk: the number of private sector businesses continues to grow but the number of sole-proprietorships has continued to decline.  At this point its probably…

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Tackling debt is about more than personal responsibility

13 Sep 2016, by in Economics

    In the latest edition of the ESRC’s Society Now journal, Victoria Boelman from the Young Foundation discusses the need for greater education in order to help households avoid becoming trapped in high-cost debt. Well-intentioned as such work may be, it ignores the role of structural forces on fostering indebtedness. High-cost debt products include…

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The way we think about debt is stopping us from solving the problem

23 Aug 2016, by in Economics

As many as 3.2 million households, and more than 7 million people may be struggling with problem levels of debt, according to a new Centre for Responsible Credit study we commissioned with Unison. A large number of those households face debt levels that they may never clear. This debt leaves them vulnerable to serious financial difficulties should they suffer…

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UK households’ cash savings are really struggling

04 May 2016, by in Economics

At the end of March the ONS released their latest Quarterly national accounts. The stats indicated that household savings are at a fifty year low. A new figure released today indicates that savings are lower than even the March figures implied. The national accounts ratio indicates the amount households and non-profit institutions serving households (NPISH) were…

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Many graduates still get little return on their investment, particularly if they’re BAME.

26 Apr 2016, by in Equality

Graduate employment statistics released today indicate that in 2015 the percentage of graduates in high-skill (i.e. graduate) employment was only 66.2 per cent, meaning just over a third of graduates were in non-graduate positions.  Frances O’Grady commented: “There are simply not enough quality jobs for young people leaving university. Far too many graduates are being…

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A quick note on Leave.EU’s creative accounting

19 Apr 2016, by in Politics

The Chancellor’s statement  yesterday, on the costs of Brexit has provoked some creative accounting from the Brexit campaign. Their response is built on two highly questionable statistics combined with a statement of such devil-may-care chutzpah that it seems almost heroic. Let’s take their most eye-catching statement: that the annual £4,300 per household price tag which…

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ONS data confirms rents in London are a high-rise nightmare

06 Apr 2016, by in Economics

The latest monthly ONS economic review includes a focus on housing tenure. There are a number of takeaways from this latest release but the prospects for those in rented accommodation appear gloomy, and Londoners, especially younger Londoners are bearing the brunt. The level of price increase in London outstrips anything seen in the rest of…

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Debt remains a bigger burden for the lowest paid

04 Apr 2016, by in Economics

On Monday, the ONS released the latest instalment of their data on household debt inequalities between July 2012 and June 2014. The data indicates that the absolute and relative burden still falls disproportionately heavily on the lowest paid.  For instance: “Twice as many individuals living in households in the lowest total wealth quintile were in…

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