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The UK’s official inflation rate has hit 4.8%, up on the previous month and its highest rate since September 2008. Driving the rate are big increases, over the year, in
The policy is uniquely flawed, with multiple faults. Of course, if government throws over £60 billion of subsidies to a minority of firms and workers, that will be popular with the recipients. But a scheme should be judged by what it does for the many, not the few, and for its opportunity cost.
Both Boris Johnson and Keir Starmer chose to address the Confederation of British Industry conference this week. But far more interesting than the party leaders’ paeans to profit or to
Good news as the Bank of England’s Monetary Policy Committee (MPC) voted to once again hold its base rate steady at 0.1%. This comes a day after the US Federal
An interesting debate was opened by Labour’s MP for Neath, Christina Rees, in Parliament’s Westminster Hall last week on Italy’s “Marcora Law”. This is the legislation introduced there in 1985
PEF Council member Robert Skidelsky advocates federal job guarantees and ‘compensated free trade’ to avoid inflation in the Biden plan
The paper outlines the case for fiscal policy to regain a permanent status of primacy in modern macroeconomic management, beyond the pandemic emergency and makes the case for public job programmes
see film clips of PEF Council members explaining the purpose of PEF’s new book, The Return of the State
Early reports suggest that the reopening of indoor hospitality in England has driven a hiring surge as employers try to meet the expected demand across the sector. Job search website
UK government figures out today show a 1.5% shrinking in the size of the economy in the first three months of the year – huge by pre-covid standards, but better
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