From the TUC

Economics (page 3)

Why insecurity at work doesn’t need to be the new normal

03 May 2017, by in Economics

New research we’ve published today, commissioned from the National Institute for Economic and Social Research, shows that insecure work isn’t inevitable. The rise and rise of insecure work in the UK is sometimes treated as a natural consequence of technological and social change. The development of online platforms has made it easier for employers to parcel…

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Too early to call time on the consumer spending boom

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…

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

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%,…

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