From the TUC

Last of the ex-building societies

Nigel Stanley

28 Sep 2008, by in Economics

The Government’s decisive intervention to nationalise Bradford and Bingley is welcome. It contrasts with their dithering about Northern Rock. Then they seemed more worried about breaching the new Labour commandments against nationalisation than doing what everyone else could see was both inevitable and about as far removed from 1945-style nationalisation as possible.

Read in full

Making work pay

Richard Exell

25 Sep 2008, by in Labour market, Society & Welfare

There’s an interesting entry today on Stumbling and Mumbling, looking at the latest Tax Benefit Model Tables. It quite rightly highlights the fact that a single person who leaves Jobseeker’s Allowance for a 16 hours a week job at the minimum wage will be just £8.42 a week better off; if one member of a couple…

Read in full

Time for a wider debate on shorting

Janet Williamson

23 Sep 2008, by in Economics

The ban on short-selling in financial stocks brought in at the end of last week by the FSA and the SEC was greeted with some scepticism as well as relief, but it has been credited with helping to boost the stock market after its recent plunges.  The actions of the regulators have been mirrored by…

Read in full

A lurch towards common sense on working time

Paul Sellers

23 Sep 2008, by in Working Life

Yesterday the Labour Party Conference voted to end the UK’s individual opt-outs from the Working Time Directive. Predictably, the Daily Mail reported this as a ‘lurch to the left’ . It looks to me more like a lurch towards common sense. The 48 hour limit on average weekly working time is justified by a wealth of scientific…

Read in full