From the TUC

Economics (page 2)

#Budget2017: Self-employment tax changes

08 Mar 2017, by in Economics

Increases in taxation of self-employment may raise more money for the exchequer but will do little to clamp down on bad employers who force staff into bogus self-employment to lower their tax bill Today’s standout Budget measure was the increase in the tax paid by the self-employed, with the rate of the Class 4 National…




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#Budget2017: Zero out of four

08 Mar 2017, by in Economics

Yesterday we set the Chancellor four tests for whether his Budget would deliver for working people. Today we have no good news to report. This wasn’t a budget for living standards, it didn’t give the British economy the investment it needs to see us through the uncertainty of Brexit, and public services remain under severe…




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Budget blogs: Looking to the longer term

16 Feb 2017, by in Economics

So far this week we’ve outlined the main challenges facing the Chancellor as he prepares his budget, and looked at the sharp rise in insecurity at work, and the hole it’s punching in the public finances. Today’s post looks at the longer term challenge of producing more good jobs and an economy that works for…




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Budget blogs: The fiscal cost of insecure work

14 Feb 2017, by in Economics

Yesterday’s Budget  blog focused on challenges facing the Chancellor as he prepares for the last Spring Budget. New TUC research  out today shows why tackling the rise of insecure work should be high on the Chancellor’s agenda, revealing the £4bn a year cost of the rise in low-paid self employment and zero hours contracts. The…




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Kerslake review of Treasury warns that austerity has failed

13 Feb 2017, by in Economics

Today Lord Kerslake (the head of the home civil service, 2012-2014) published his independent review of the Treasury, with launch events in London and Manchester. The report was commissioned by Shadow Chancellor John McDonnell; TUC General Secretary Frances O’Grady was on the panel amongst others (the report is available here). The commentary so far has…




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Budget blogs: Springing into action…

13 Feb 2017, by in Economics

The new(ish) Chancellor’s first Budget, due on 7th March, would normally be seen as a key political moments in the year. It’s an opportunity for Government to dominate the headlines and give a cash based indication of their priorities. But with Brexit hoovering up political attention, not to mention what’s happening across the Atlantic, there’s…




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