Unemployment is the next crisis – we cannot repeat the mistakes of the 1980s
30 June, 2020With unemployment predicted to skyrocket, the pandemic has brought into sharp focus the underlying fragilities of the UK labour market. Decades of deregulation and eroding trade union power has lowered standards and depressed wage growth for a generation. We cannot repeat the mistakes of the 1980s. The priority now must be a worker-centred approach to [...]
Government debt and Covid-19 – why there’s no need to worry
2 June, 2020It is inevitable that UK government debt will rise above pre-pandemic levels as government spending is stepped up, but there are good reasons not to fear such a scenario, and the pressure to return to austerity should be strongly resisted. The focus must be on boosting the recovery and reshaping the economy towards one that [...]