From the TUC

#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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New calls to reverse austerity on Newsnight

Geoff Tily

15 Oct 2014, by in Economics

On Newsnight last night (14 October), an editor on The Economist and a senior economist joined the OECD and IMF challenging austerity policies. Below I have transcribed some of the discussion on the potentially deflationary conditions in the world economy between Evan Davies (ED), Zanny Minton Beddoes (ZMB), the business affairs editor of The Economist,…

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Paterson’s onshore wind blast

Philip Pearson

15 Oct 2014, by in Environment

Former environment secretary Owen Paterson wants to scrap the Climate Change Act and said climate change predictions are “wildly exaggerated” at his Global Warming Foundation lecture last night. Government energy policy risks a UK energy blackout, apparently, and onshore wind is the fatal flaw of our renewable energy strategy. Amber Rudd, Conservative Minister for Energy…

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What do politicians need to do about immigration?

Owen Tudor

15 Oct 2014, by in Politics

We don’t usually give advice to one party over any others – the TUC speaks on behalf of working people to all politician parties – but there’s a furious debate going on in the Labour Party at the moment about an issue we have something to say about: immigration. If other parties want to take…

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One step forward on the Modern Slavery Bill

Owen Tudor

14 Oct 2014, by in International

The TUC has welcomed the decision by Home Office Ministers, announced this weekend through the Sunday Times and reported in the Guardian, that the Modern Slavery Bill will be amended to require employers be transparent about the action they take to prevent forced labour in their supply chains. The decision follows a sustained lobbying campaign…

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Deflation watch

Geoff Tily

14 Oct 2014, by in Economics

The Chancellor today described the CPI inflation figure of 1.2% as a ‘double dose of good news’, apparently easing cost-of-living pressures and also meaning gains for pensioners through the ‘triple lock’. Sticking to the politics, he avoided the economics of inflation repeatedly surprising on the downside and yet remaining above earnings growth.

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