From the TUC

Economics (page 2)

Can increased public spending pay for itself?

07 Jul 2017, by in Economics

Since the election, we’ve seen several proclamations of the ‘end of austerity’. As TUC post election poll (among others) has showed, there is now a clear majority in favour of ‘Maintaining decent public services even if that means my taxes go up’. This is a far cry from some of the rhetoric during the election…

Read in full

Bank warns consumer credit is a “pocket of risk that warrants vigilance”

28 Jun 2017, by in Economics

Tackling the symptoms of the consumer credit boom without addressing the causes risks exacerbating the living standards crisis. Consumer credit was prominent in the yesterday’s assessment of financial stability by the Bank of England. Up front a chart shows the accelerating growth in various measures of credit (red yellow green) against slowing growth in nominal…

Read in full

UK welfare benefits fall short of international standards

15 Jun 2017, by in Economics

Within hours of the General Election, the government was held to account on the international stage for the failings of the UK welfare system – with worker reps from Sweden, France, Australia, the International Transport Federation all calling on the UK government to bring UK provision into line with international minimum standards. The International Labour…

Read in full

West Midlands devolution  – ending the fly-over state

02 Jun 2017, by in Economics

 Devolution has a long history. The election of metro mayor’s across the UK was just the latest milestone in the devolution journey. Successive governments have recognised that the UK is far too centralised and that to unlock the full potential of the UK’s nations and region’s  Whitehall needs to ‘let go’. Yet action has been…

Read in full