From the TUC

Nicola Smith's Articles

Benefits uprating bill: the breaking of the inflation link could be the biggest announcement for living standards

05 Dec 2012, by in Society & Welfare

Following the announcement of his decision to reduce tax credit and benefit uprating in years ahead the Chancellor announced today that the Government will be introducing a Welfare Uprating Bill, stating that To bring all these decisions for many benefits over many years together, we will introduce into Parliament primary legislation – the Welfare Uprating…

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Michael Fallon confirms that employment rights for shares will lead to new tax avoidance loophole

15 Nov 2012, by in Economics

The Chancellor’s employment rights for shares proposals have rightly been criticised for permitting employees to trade essential key employment rights for potentially worthless shares, undermining both employment protection and the credibility of existing employee share ownership schemes (and the TUC’s comprehensive response makes clear the multiple objectives there are to these ill thought through plans).…

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Are zombie companies holding back the recovery?

15 Nov 2012, by in Economics

Yesterday’s FT announced (£) that the ‘BoE fears zombie companies haunt the road to recovery’, claiming that ‘the idea that zombie households, companies and banks are holding back the recovery will gain further weight in the quarterly inflation report today when the central bank will present research showing most productivity weakness is presented in smaller…

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