The past week’s whirlwind of critique of Universal Credit is quite overwhelming because it brings together so many different kinds of problem, each with a large impact on the lives of low income families. Some are to do with delays people have already experienced by new claimants and the huge suffering that will cause if […]
In today’s Budget, Philip Hammond repeated the mantra that the Government wants “to help families cope with the cost of living”, and even acknowledged that short term relief from the assault on living standards needs to parallel long-term investment to improve productivity and housebuilding. But he conspicuously avoided repeating previous references to “just about managing” […]
The past five years have seen ups and downs for wage earners, in terms of average pay keeping up with inflation. After dipping in the recession, real pay started to rise again in 2014. The main beneficiaries were private sector workers, although when inflation hit zero even those affected by the 1% public sector pay […]
Today (1 April) sees the introduction of the National Living Wage (NLW): a compulsory £7.20 an hour for over-25s. Some see this as little more than a clever piece of branding by George Osborne a supplement to the National Minimum Wage (NMW), initially set at 50p an hour. Its level today falls well short of […]
I’m not usually one to say I told you so, but it just occurred to me that George Osborne could have saved himself a lot of trouble this year if he’d just paid more attention to my tweets and blogs. In June, two weeks before the summer Budget, as rumours were building that tax credits […]