From the TUC

#Brexit bad news hidden in #Budget2017

13 Mar 2017, by in International

Last week’s Budget speech by the Chancellor had very little to say about Brexit. But that doesn’t mean there isn’t a Brexit angle – you just have to look at what wasn’t there, rather than what was. First, there was very little in the Budget to prepare for the challenges Brexit will pose to the British economy.…




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Did #Budget2017 deliver for public services?

08 Mar 2017, by in Public services

This blog takes a look at what this Budget delivered for social care, health and education. In our pre-Budget blog we looked at what the Budget needed to deliver for public services, creaking after almost a decade of austerity. Social Care Few could deny the intensifying crisis in social care. Cuts of over 9 per…




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#Budget2017: Boost for technical skills funding

08 Mar 2017, by in Economics

As with much of the Budget, the package of skills measures contained few surprises as the various announcements had been trailed extensively beforehand. Nevertheless, there is much to welcome in the Budget on technical education and skills, in particular the commitment to step up funding for the rollout of the new qualification system (or “T…




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#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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#Budget2017: Pensions freedom liberates cash straight into the Treasury

08 Mar 2017, by in Pensions & Investment

Paperwork released with the Budget has revealed what an astonishing short-term money spinner so-called “pensions freedom” has been for the Treasury – and hinted at what a disaster it might prove for our ability to provide for old age. Originally announced in Budget 2014, pensions freedom allows those savers with defined contribution pensions to withdraw…




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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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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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