News
Cuts to tax credits will leave families £1,690 worse off a month
25 June 2015
Cameron is planning savage cuts to tax credits which could lead working families to lose up to £1,690 a month.
Union leaders warn over EU reform negotiations
25 June 2015
The GMB has warned that trade unions will push for Britain to quit the EU if member states allow Cameron to weaken workers’ rights as part of his “reform” package, in a letter to European leaders.
IMF Report: Less wage inequality necessary to boost growth
19 June 2015
The International Monetary Fund has published a report admitting that poor income distribution and stagnating wages was instrumental in the financial crisis. Yet it continues to pursue policy that actively promotes inequality; “The contradictions and irrationality of capitalism in a nutshell”, in the words of John Hendy QC.
Latest labour market statistics
19 June 2015
According to the Office for National Statistics, unemployment has fallen by 43,000 to 1.81 million, and wage growth at 2.7% both including and excluding bonuses, a four year high. It goes without saying that recent improvements do not make up for years of stagnation.
Pension exit fees
19 June 2015
George Osborne has said that the Treasury will investigate early exit fees as part of a consultation next month.
Public sector cuts have hit the North East hardest
19 June 2015
Office for National Statistics data shows a loss of 400,000 public sector jobs in the UK. The North East lost the most jobs, with the South East losing the least.
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